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.

The war in Ukraine triggered a huge rise in inflation and a new era of rising interest rates, pushing up the cost of Asda's borrowings.

From BBC

But Lewis said there was growing anger, particularly among those in England and Wales with Plan 2 loans, because recent higher inflation has resulted in increased interest rates being applied to the loans.

From BBC

Bessent and Warsh, who have both worked for famed investor Stanley Druckenmiller, could end up reorganizing the responsibilities of the Treasury and Fed, giving Treasury a more active role in managing long-term interest rates.

From The Wall Street Journal

Along with the other three finalists for the post to succeed Jerome Powell as head of the central bank, Warsh has endorsed further cuts in the Fed’s main policy interest rate.

From Barron's

"Doves" are seen to favor lower interest rates to boost the economy while "hawks" are inclined towards higher rates to curb inflation.

From Barron's