rate of interest

: the percentage usually on an annual basis that is paid by the borrower to the lender for a loan of money compare interest sense 3a

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Dictionary Entries Near rate of interest

Cite this Entry

“Rate of interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rate%20of%20interest. Accessed 25 Mar. 2023.

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