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What is an interest rate?

What is an interest rate? Here are some definitions.

Noun
  1. (finance) The percentage of an amount of money charged for its use per some period of time (often a year).
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Also, the return to a zero interest rate policy by the Bank of Japan signals its intent to reflate the economy.
However, very few if any endowment policies have matched the interest rate being charged on debt and bonds.
The quantum and the interest rate are not known, according to sources in the banking industry.
Most experts agree that interest rate reduction is the main reason behind most refinancing decisions.
As we saw in the US earlier in the year, the immediate reaction of share prices to interest rate reductions tends to be positive.
If she gets pregnant, the interest rate drops by one basis point for one year.

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