Definitions
There is 1 meaning of the phrase
Rate Of Interest.
Rate Of Interest - as a noun
The percentage of a sum of money charged for its use
Synonyms (Exact Relations)
interest rateHypernyms (Closely Related)
charge per unitrate4Hyponyms (Broadly Related)
Example Sentences
"The rate of interest on the loan is 5%."
"The government is trying to lower the rate of interest to stimulate economic growth."
"The borrower should consider the rate of interest before taking out a loan."
"The rate of interest can vary depending on the borrower's credit score."
"The rate of interest is typically higher for riskier investments."
