rate of interest (Meaning)
Wordnet
rate of interest (n)
the percentage of a sum of money charged for its use
Synonyms & Antonyms of rate of interest
No Synonyms and anytonyms found
rate of interest Sentence Examples
- The bank offered a 5% rate of interest on savings accounts.
- The loan carried a substantial rate of interest of 12%.
- The rate of interest on government bonds fluctuated frequently.
- Investors were attracted to the high rate of interest offered by the investment firm.
- Borrowers were burdened by the escalating rate of interest on their mortgages.
- The rate of interest charged by credit card companies varied based on creditworthiness.
- Businesses negotiated with banks to secure the lowest possible rate of interest on loans.
- The rate of interest on personal loans was often higher than the rate on mortgages.
- The central bank raised the rate of interest to curb inflation.
- The recent economic downturn led to a decrease in the rate of interest on investments.
FAQs About the word rate of interest
the percentage of a sum of money charged for its use
No synonyms found.
No antonyms found.
The bank offered a 5% rate of interest on savings accounts.
The loan carried a substantial rate of interest of 12%.
The rate of interest on government bonds fluctuated frequently.
Investors were attracted to the high rate of interest offered by the investment firm.
