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.