interest rate

[in-ter-ist reyt, -trist] / ˈɪn tər ɪst ˌreɪt, -trɪst /

NOUN

sum charged for use of money

Synonyms

STRONGEST

interest

WEAK

annual percentage rate bank rate borrowing rate lending rate price of money prime interest rate prime rate rate of interest

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The Kremlin regularly uses the end-of-year event to highlight the resilience of the economy and, as Putin spoke, Russia's central bank announced it was lowering interest rates to 16%.

From BBC

The figures follow a decision by the European Central Bank Thursday to leave interest rates on hold.

From The Wall Street Journal

The data come as the Bank of Canada recently opted to leave interest rates on hold after consecutive interest rate cuts amid signs of improvement in the economy.

From The Wall Street Journal

The central bank continued to cut interest rates this year, lowering them full percentage point through October, but it has signaled further easing is unlikely.

From The Wall Street Journal

But as labor shortages, high interest rates and a costly fiscal squeeze begins to bite, growth is sputtering.

From The Wall Street Journal