Akademik

rate of interest

noun

the percentage of a sum of money charged for its use

• Syn: ↑interest rate

• Hypernyms: ↑rate, ↑charge per unit

• Hyponyms:

↑discount rate, ↑discount, ↑bank discount, ↑base rate, ↑prime interest rate, ↑usury, ↑vigorish

* * *

: the percentage usually on an annual basis that is paid by the borrower to the lender for a loan of money — compare interest 3a

Useful english dictionary. 2012.