- flat interest rate
- unchanging interest rate
English contemporary dictionary. 2014.
flat interest rate
Look at other dictionaries:
flat interest rate — noun a method of calculating repayments on loans using a formula which implicitly assumes that there is no reduction in the principal owing over the life of the loan …
Interest rate cap and floor — Interest rate c An interest rate cap is a derivative in which the buyer receives payments at the end of each period in which the interest rate exceeds the agreed strike price. An example of a cap would be an agreement to receive a payment for… … Wikipedia
flat rate — noun A fixed uniform rate (eg of charge or payment) • • • Main Entry: ↑flat * * * flat rate UK US noun [countable] [singular flat rate plural flat rates … Useful english dictionary
flat rate — noun count a price, payment, or interest rate that does not change even if conditions change: The hotel charges a flat rate per room per night … Usage of the words and phrases in modern English
Flat tax — A flat tax (short for flat rate tax) is a tax system with a constant tax rate. [James, Simon (1998) A Dictionary of Taxation , Edgar Elgar Publishing Limited: Northampton, MA] Usually the term flat tax would refer to household income (and… … Wikipedia
rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… … Financial and business terms
Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… … Wikipedia
rate — I n. amount in relation to something else 1) to fix, set a rate 2) a fast; flat; high; low; moderate; slow; steady rate 3) bargain; reasonable; reduced; regular rates 4) an accident; birth; crime; death; divorce; fertility; growth; marriage;… … Combinatory dictionary
rate — {{Roman}}I.{{/Roman}} noun 1 speed/frequency ADJECTIVE ▪ constant, expected, regular, steady, unchanged ▪ slow ▪ the slow rate of change … Collocations dictionary
rate — Proportional or relative value, measure, or degree. The proportion or standard by which quantity or .value is adjusted. Thus, the rate of interest is the proportion or ratio between the principal and interest; the buildings in a town are rated… … Black's law dictionary
