rate of interest 1
noundomain: possession
Princeton WordNet [ver.3.1]
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EnglishDefinition
the percentage of a sum of money charged for its use
Hypernym
rate 2
noun
amount of a charge or payment relative to some basis
EnglishHyponym
discount rate 2
noun
interest on an annual basis deducted in advance on a loan
discount rate 1
noun
the rate of interest set by the Federal Reserve that member banks are charged when they borrow money through the Federal Reserve System
base rate 1
noun
the interest rate set by the Bank of England for lending to other banks
the interest rate on short-term loans that banks charge their commercial customers with high credit ratings
usury 1
noun
an exorbitant or unlawful rate of interest
