English / phrase
interest rate
MEANING IN ENGLISH
the percentage of principal charged by a lender for the use of borrowed money or paid by a bank on deposited funds
In context
01
A high interest rate on your unpaid balance can make credit card debt multiply rapidly.
02
The bank attracted thousands of new depositors by offering an appealing interest rate on savings.
Synonyms
Percentage yield,borrowing rate,annual percentage rate
Antonyms
Zero-interest rate,flat fee,principal amount
Collocations
Low interest rate,fixed interest rate,annual interest rate