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Definition of Interest Rate

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Definition: The interest rate is the yearly price charged by a lender to a borrower in order for the borrower to obtain a loan. This is usually expressed as a percentage of the total amount loaned.

Terms related to The Interest Rate:

Prime Rate
Discount Rate
Fisher Hypothesis

About.Com Resources on The Interest Rate:

What are Interest Rates?
Calculating and Understanding Real Interest Rates
What Happens if Interest Rates Go To Zero?
What's the Difference Between Nominal and Real?

Writing a Term Paper? Here are a few starting points for research on The Interest Rate:

Books on The Interest Rate:

A History of Interest Rates
Interest-Rate Option Models: Understanding, Analysing and Using Models for Exotic Interest-Rate Options
Interest Rate Models - Theory and Practice: With Smile, Inflation and Credit

Journal Articles on The Interest Rate:

A Theory of the Term Structure of Interest Rates
On The Pricing of Corporate Debt: The Risk Structure of Interest Rates
Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims

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