interest rate
interest rate
Finance dictionary of financial terms
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Economics and finance
Definition of interest rate
interest rate: The cost of money. The greater the risk of the debt security, the higher the interest rate lenders will require. The compensation paid by the borrower of funds to the lender, from the borrower’s point of view, the cost of borrowing funds.
Source : http://foba.lakeheadu.ca/hartviksen/2039/Finance%20Dictionary.doc
link: http://foba.lakeheadu.ca/
Author : not indicated on the source document of the above text
Finance dictionary of financial terms
Finance dictionary of financial terms index
Definition and meaning of interest rate
Meaning of interest rate
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