Glossary‎ > ‎

Interest Rate

The Interest Rate is the amount of money measured in percentages per annum (PA) of an amount of money lent, deposited or borrowed.
The amount of money lent, deposited or borrowed is called the Principal or Principal Sum.

Interest Rates types:

  • Nominal Interest Rate
  • Fixed Interest Rate
  • Variable Interest Rate
  • Compound Interest Rate
  • Amortized Interest Rate
  • Prime Interest Rate
  • Discount Interest Rate
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