Difference between revisions of "Interest Rate"

From Open Risk Manual
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[[Category:Securitisation Liabilities]]
[[Category:Securitisation Liabilities]]
[[Category:Currency Amount]]
[[Category:Currency Amount]]
[[Category:Interest Rates]]
{{#set:Has Formula = False | Has Object = False | Has Lambda = False | Field Type= Legal Text}}
{{#set:Has Formula = False | Has Object = False | Has Lambda = False | Field Type= Legal Text}}

Latest revision as of 14:00, 13 February 2020


An Interest Rate is an amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets


Interest rates are typically noted on an annual basis, known as the annual percentage rate (APR). The assets borrowed could include cash, consumer goods, and large assets such as a vehicle or building. The rate is derived by dividing the amount of interest by the amount of principal borrowed. Interest rates are quoted on bills, notes, bonds, credit cards, and many kinds of consumer and business loans.



Issues and Challenges


See Also

  • Barron's Dictionary of Finance and Investment Terms, Ninth Edition, 2014.


  • This information is provided as is without any representation of correctness, completeness or suitability for any purpose whatsoever. Refer to actual securitisation prospectuses for the definitive terms applicable in each case
  • Definitions, detailed descriptions and other content may change at any time as further examples or relevant aspects are introduced
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