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Interest Rate

The cost of borrowing money.

The rate at which borrowed money is charged by the lender, usually annualized into a percentage figure.

Related Terms:

Fund Manager
The person responsible for the allocation of pooled money invested in a particular mutual fund. He/she is ...

Key Rate
Interest rate fixed by the Federal Bank for the issuance of Federal Bank money. ...

Annualized return
The return on investment calculated on a full-year basis, meaning increasing the rate if held ...

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