Financial Trading Definitions
Interest Rate | Interest Rate |
|
Interest rate is an amount of money given as a percentage, which borrowers pay for the privilege of using money they do not own (ie, borrowing money). Conversely it is an amount of money given as a percentage that a lender receives for lending money to a borrower.
An interest rate is often expressed as an annual or monthly percentage of the sum borrowed.
|
Read today's financial market news and views. Get news on forex, stock indices, bonds and commodites trading. Trading News >>
View our jargon-free trading guides and videos then practice trading the live markets with a free demo account.