单词 | interest rate |
释义 | interest rate interest rate (also rate of interest) noun [C]
the cost of borrowing money, usually expressed as a percentage of the amount borrowed: Interest rates are low and unlikely to be raised soon. The Bank of England has cut interest rates by half a percentage point. Interest rates of 2.75% are low by past standards. Stocks rose on hopes of an interest-rate cut this week. Investors should not put all their money in interest-rate sensitive bonds.
❖ high/low interest rates ◆ to cut/increase/raise/reduce/slash interest rates ◆ interest rates fall/rise |
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