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Rate of interest   /reɪt əv ˈɪntrəst/   Listen
Rate of interest

noun
1.
The percentage of a sum of money charged for its use.  Synonym: interest rate.






WordNet 3.0 © 2010 Princeton University








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"Rate of interest" Quotes from Famous Books



... his son taken into their office, and a few hints as to the future course of his education. The very next day saw Anton seated at a ledger, disposing arbitrarily of hundreds of thousands, converting them into every existing currency, and putting them out at every possible rate of interest. ...
— Debit and Credit - Translated from the German of Gustav Freytag • Gustav Freytag

... proposal suggested to him by his father, which was, that a certain sum should be paid down by Mr. Wilkins to be applied, under the management of trustees, to the improvement of the Bromley estate, out of the profits of which, or other sources in the elder Mr. Corbet's hands, a heavy rate of interest should be paid on this advance, which would secure an income to the young couple immediately, and considerably increase the value of the estate upon which Ellinor's settlement was to be made. The ...
— A Dark Night's Work • Elizabeth Gaskell

... did so in reliance upon the faith of the King and the Lord Treasurer, and upon the certainty that any failure to fulfil its obligations on the part of the Exchequer would inevitably lead to national loss of credit, and consequent bankruptcy. If the current rate of interest was 6 per cent., they advanced the money at 8 per cent., and counted on the 2 per cent. to recoup them. Clarendon thought the rate fair, and found the method eminently convenient. But the bankers relied solely upon the ...
— The Life of Edward Earl of Clarendon V2 • Henry Craik

... went with fresh courage to their work, encouraged by the thought that they were toiling not for themselves, but to serve the needy, "for Jesus' sake." The collection resulted in obtaining nearly twenty thousand marks, to which has been added the loan of a larger sum at a small rate of interest, so that there is good prospect of soon obtaining a permanent home as the property of ...
— Deaconesses in Europe - and their Lessons for America • Jane M. Bancroft

... States), enacts that "all other funds held in trust by the United States, and the annual interest accruing thereon, when not otherwise required by treaty, shall in like manner be invested in stocks of the United States bearing a like rate of interest." ...
— A Compilation of the Messages and Papers of the Presidents - Section 3 (of 4) of Volume 5: Franklin Pierce • James D. Richardson


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