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Definition of interest rate
percentage of money charged for borrowing the amount of interest charged for borrowing a sum of money over a specific period of time
Definitions of ’interest rate’ and meaning of ’interest rate’ are from the book publication,
QFINANCE – The Ultimate Resource,
© 2009 Bloomsbury Information Ltd.
Find definitions for ’interest rate’ and other financial terms with our online QFINANCE Financial Dictionary.
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