interest rate

[in-ter-ist reyt, -trist] / ˈɪn tər ɪst ˌreɪt, -trɪst /

NOUN

sum charged for use of money

Synonyms

STRONGEST

interest

WEAK

annual percentage rate bank rate borrowing rate lending rate price of money prime interest rate prime rate rate of interest

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

He has joked that he had to stay in the U.S. to earn enough money to pay his student loan, which carried a 24% interest rate.

From Los Angeles Times

The Bank moves interest rates up and down to try to keep inflation at that level.

From BBC

The data likely still leave the Bank of England on track to cut interest rates, although the main focus will be on Wednesday’s inflation data.

From The Wall Street Journal

Sanjay Raja, chief UK economist at Deutsche Bank, said easing pay growth was "really encouraging" for increasing the likelihood of future interest rate cuts.

From BBC

Its manufacturing sector, already under pressure from trade tensions and high interest rates and in contraction by some measures, is particularly vulnerable because its supply chains are tightly intertwined with Europe, said Lovely.

From The Wall Street Journal