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.

Russia’s central bank Friday lowered its key interest rate for a fifth straight meeting, but said it will continue to keep borrowing costs at a level that restrains activity.

From The Wall Street Journal

Yields on government debt climbed across the globe after the Bank of Japan hiked the country’s interest rate to a 30-year high.

From The Wall Street Journal

The Bank of Japan hiked interest rates to a 30-year high on Friday and indicated more were in the pipeline as it said the economy had shown signs of improvement.

From Barron's

Mr Bailey said the Bank of England, which sets UK interest rates, were using AI but added the institution, along with others, were "probably all still experimenting".

From BBC

It was also the last time the Bank of Japan’s benchmark interest rate was as high as 0.75%.

From The Wall Street Journal