interest ratenoun [ C ]
uk/ˈɪn.trəst ˌreɪt/us/ˈɪn.trɪst ˌreɪt/the interest percent that a bank or other financial company charges you when you borrow money, or the interest percent it pays you when you keep money in an account:
high/low interest rates
The bank has plans to cut/raise interest rates.
Thesaurus: synonyms and related words
Borrowing & lending
- be in the hole idiom
- borrow
- bounce
- call it quits idiom
- call sth in
- debenture
- fire sale
- gearing
- leverage
- leveraged buyout
- liability
- liquidate
- national debt
- overpay
- pay
- put sth up
- slate
- square the accounts/books idiom
- term
- tick
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You can also find related words, phrases, and synonyms in the topics:
Economics
Saving money
Interest & capital