interest rate

Frequency: 9.595.3 per million words

The percentage of a sum of money charged for its use.

Categories:

Examples (10)

  • The central bank decided to raise the interest rate.
  • High interest rates can make borrowing more expensive for consumers.
  • Many homeowners worry about fluctuating interest rates on their mortgages.
  • Economists are debating the long-term impact of current interest rates.
  • Lowering the interest rate is often a strategy to stimulate economic growth.
  • Investors closely monitor the interest rate announcements.
  • She secured a loan with a surprisingly low interest rate.
  • The government's decision on the interest rate affects millions of people.
  • Variable interest rates can change over the life of a loan.
  • Historically, interest rates have seen significant ups and downs.