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Interest rate

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This editable Main Article is under development and not meant to be cited; by editing it you can help to improve it towards a future approved, citable version. These unapproved articles are subject to a disclaimer.
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.