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.

Banks typically offer lower interest rates for primary homes.

From BBC

The former would come with an interest rate of more than 6%, which is broadly in line with the 30-year mortgage rate; the latter would come with an interest rate above 10%.

From MarketWatch

After Powell in August signaled that the central bank would begin cutting interest rates despite above-target inflation, gold kept climbing.

From The Wall Street Journal

The Bank moves interest rates up and down in order to keep UK inflation - the rate at which prices are increasing - at or near 2%.

From BBC

It is the last set of monthly inflation figures released before the Bank of England's decision on interest rates in February.

From BBC