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.

Paul Dales, chief UK economist at Capital Economics, said the further fall in wage growth "supports the idea that the Bank of England has at least a couple more interest rate cuts in its locker".

From BBC

The data paints a picture of a cooling labor market in the U.K., which will likely help BOE policymakers feel more confident that they can cut interest rates.

From The Wall Street Journal

A CCJ is a court order that can be issued to an individual if they fail to repay money they owe and can leave people struggling to get a mortgage or paying higher interest rates.

From BBC

The SNB hasn’t ruled out cutting its main interest rate into negative territory from 0% currently, though its policymakers have said they want to avoid doing so due to its impact on savers.

From The Wall Street Journal

Analysts say the figure allows the US central bank to cut interest rates again later this year, but warn that policymakers need to see sustained improvement in order to do so.

From Barron's