Interest rate

From Citizendium
(Redirected from Interest)
Jump to navigation Jump to search
This article is a stub and thus not approved.
Main Article
Discussion
Related Articles  [?]
Bibliography  [?]
External Links  [?]
Citable Version  [?]
 
This editable Main Article is under development and 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.