interest rate
Loan's percentage charge
An interest rate is the percentage charged for borrowing money or earned on savings, typically expressed as an annual figure.
Banks set interest rates on loans and mortgages; central banks set benchmark rates that influence the broader economy.
When rates rise, borrowing becomes more expensive; when they fall, it becomes cheaper.
The Federal Reserve raised interest rates to combat inflation.
Yearly borrowing cost
- principalChief school administrator
- loanBorrowed money repaid later
- lenderOne who loans money
- borrowerOne who takes temporarily
credit · debt · amortization · repayment · term · collateral · secured · unsecured
Sustained price level increase
- deflationSustained decrease in prices
- monetary policyCentral bank economic controls
- central bankNational currency management institution
- federal reserveNational monetary authority holdings
recession · economic growth · GDP · fiscal policy · benchmark · tightening · easing · macroeconomics
Ties that unite
- treasuryStored organizational funds
- securitiesTradeable financial assets
- yield curveRates plotted against maturities
- fixed incomeStable recurring revenue
returns · portfolio · dividends · capital · bond market · municipal bonds · corporate bonds · spread
Place for safekeeping
- yieldProduce or relinquish
- APYAnnualized compounded interest rate
- certificate of depositTime-locked bank savings
- CDOptical data disc
savings account · money market · accrual · principal · maturity · term deposit · high-yield · passbook
Debt for property purchase
- refinanceObtain new loan terms
- ARMReduced instruction processor standard
- escrowConditional third-party deposit
- foreclosureLender seizes mortgaged property
equity · downpayment · closing costs · preapproval · origination fee · debt-to-income · points · appraisal
APR
Yearly borrowing cost
borrower · credit · debt · amortization · repayment · term · collateral · secured · unsecured · default
inflation
Sustained price level increase
- deflationSustained decrease in prices
- monetary policyCentral bank economic controls
- central bankNational currency management institution
federal reserve · recession · economic growth · GDP · fiscal policy · benchmark · tightening · easing · macroeconomics · consumer price index
bonds
Ties that unite
- treasuryStored organizational funds
- securitiesTradeable financial assets
- yield curveRates plotted against maturities
fixed income · returns · portfolio · dividends · capital · bond market · municipal bonds · corporate bonds · spread · basis points
deposit
Place for safekeeping
- yieldProduce or relinquish
- APYAnnualized compounded interest rate
- certificate of depositTime-locked bank savings
CD · savings account · money market · accrual · principal · maturity · term deposit · high-yield · passbook · accumulation
home loan
Debt for property purchase
- refinanceObtain new loan terms
- ARMReduced instruction processor standard
- escrowConditional third-party deposit
foreclosure · equity · downpayment · closing costs · preapproval · origination fee · debt-to-income · points · appraisal · housing market
- interestcuriosity, fascination, attention, concern, stake
- debtdebt, creditor, owe, debtor, lender
- credit cardscredit card, loyalty card, cardholder, cashback offers, card number
- ratesroyalty, per diem, percentage, ratio, bond yield
- rates & feesparking fee, storage fee, service charge, subscription fee, membership fee
- economic termssupply and demand, free market, bull market, bear market, recession
interest rateprincipal
Chief school administrator
principal amount · interest-free · face value · zero interest · capital
rate, interest, interested, interesting, rating, rates, rated, uninteresting, underrate