Interest rate: Difference between revisions
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{{subpages}} {{dambigbox||interest}} | {{subpages}} {{dambigbox||interest}} | ||
In financial transactions, '''interest''' is the charge a lender imposes for the use of [[money]] by a borrower. | In financial transactions, '''interest''' is the charge a lender imposes for the use of [[money]] by a borrower. The annual rate of interest is also termed a [[discount rate]]. | ||
Latest revision as of 07:31, 9 July 2012
This article is about Interest rate. For other uses of the term interest, please see interest (disambiguation).
In financial transactions, interest is the charge a lender imposes for the use of money by a borrower. The annual rate of interest is also termed a discount rate.