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rate of interest

/reɪt əv ˈɪntrəst/

1 entry

phrase

/reɪt əv ˈɪntrəst/B2formalbusiness
  • ruПроцент, взимаемый по кредиту или выплачиваемый по сбережениям за определенный период, обычно выражаемый в виде годовой ставки.

The percentage charged on a loan or paid on savings over a specific period, typically expressed as an annual rate.

  1. Cost of borrowing moneyB2formal

    The percentage charged by a lender to a borrower for the use of assets, typically expressed as an annual percentage of the principal.

    ruПроцентная ставка

    • The bank offered a low rate of interest on the new loan.
    • A high rate of interest can make mortgages very expensive.
    • The central bank decided to increase the rate of interest to control inflation.
  2. Return on investmentB2formal

    The percentage earned on an investment, such as a savings account or bond.

    ruПроцентная ставка

    • The savings account provides a fixed rate of interest of 3% per year.
    • Investors are looking for a higher rate of interest on their capital.
    • The rate of interest on government bonds has fallen recently.