interest rate Synonyms
No Synonyms and anytonyms found
interest rate Meaning
Wordnet
interest rate (n)
the percentage of a sum of money charged for its use
interest rate Sentence Examples
- The bank recently raised its interest rate to 6%.
- The Federal Reserve has kept interest rates low to stimulate the economy.
- The mortgage interest rate on my home is currently 4.5%.
- High interest rates can make it difficult for businesses to borrow money to invest.
- The central bank uses interest rates as a main tool for controlling inflation.
- The interest rate on savings accounts is typically lower than on CDs.
- The government's decision to cut interest rates led to a surge in consumer spending.
- Some economists believe that higher interest rates are necessary to curb rising prices.
- The rise in interest rates has made it more expensive to finance new projects.
- The company's bonds have an interest rate of 7%, which is attractive to investors.
FAQs About the word interest rate
the percentage of a sum of money charged for its use
No synonyms found.
No antonyms found.
The bank recently raised its interest rate to 6%.
The Federal Reserve has kept interest rates low to stimulate the economy.
The mortgage interest rate on my home is currently 4.5%.
High interest rates can make it difficult for businesses to borrow money to invest.
