Interest rate
Interest rate is a sum of money, usually expressed as a percentage, that is paid for the ability to use another sum of money (a loan). Thus, an interest rate allows a creditor to return a loan from the debtor.
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Interest rate is a sum of money, usually expressed as a percentage, that is paid for the ability to use another sum of money (a loan). Thus, an interest rate allows a creditor to return a loan from the debtor.