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interest rate

The correct spelling is interest rate.

How to pronounce interest rate

noun

Say it like: Int-ere-st -rat-e

The correct spelling is interest rate. The percentage of an amount of money charged for its use per some period of time (often a year).

Usage Examples

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Definition

noun

  1. 1.The percentage of an amount of money charged for its use per some period of time (often a year).

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