interest rate
Noun
Meaning
the percentage of a sum of money charged for its use
Source: WordNetSynonyms
Hypernyms
Hyponyms
Examples
No loan is free. The costs are in your loan somewhere, maybe rolled into the amount to be refinanced or even coming at a higher interest rate.
There is no reason to think that the impact [of monetary policy] will be captured in any single [variable]..., whether it is a monetary stock or a market interest rate.
Refinancing your mortgage usually makes sense if you can lower your interest rate by at least two points. But the most important question to ask yourself is, how long will it take you to break even?
Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists.
The bond price, and, as an arithmetical and rigid consequence, the interest rate is an inherently restless variable.
In the interest rate area, traders have for a long time used a version of what is known as Black's model for European bond options; another version of the same model for caps and floors; and yet another version of the same model for European swap options.