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INTEREST RATE

(noun)

Definitions

There is 1 meaning of the phrase Interest Rate.

Interest Rate - as a noun

The percentage of a sum of money charged for its use

Synonyms (Exact Relations)
rate of interest
Hypernyms (Closely Related)
charge per unitrate
Hyponyms (Broadly Related)

Example Sentences

"The interest rate on my mortgage is 4%."
"The central bank decided to lower the interest rate."
"She received a loan with a favorable interest rate."
"Investors are keeping a close eye on the fluctuating interest rates."
"He decided to lock in a fixed interest rate for his car loan."
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