Interest rate

From Citizendium, the Citizens' Compendium
Jump to: navigation, search
This article is a stub and thus not approved.
Main Article
Talk
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
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.