Interest rates

 

 

 

Interest rates

 

Glossary of business

 

Definition of interest rates

 

Interest is the reward for giving up use of money and is an amount paid to a lender over and above the original sum borrowed. The rate is expressed as a % per annum. The rate of interest can be thought of as the price of money.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of interest rates

 

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Meaning of interest rates

 

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What does interest rates mean ?

 

 

 

 

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