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| Definition: |
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An interest rate is the cost or price of borrowing, or the gain from lending, normally expressed as an annual percentage amount.
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| Source
Publication: |
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The Handbook of International Financial Terms, P. Moles, N. Terry, Oxford University Press, 1997.
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| Statistical
Theme: Financial statistics |
| Created
on Tuesday, September 25, 2001 |
| Last
updated on Sunday, December 02, 2001 |
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