What is "rate of interest"

Usage examples of "rate of interest".

If Paul had been a railroad corporation, he might have issued first mortgage bonds at a high rate of interest, payable in gold, and negotiated them through some leading banker.

By the second act, the Bank received a lower rate of interest for the sum of 1,775,027£.

Because I had made it plain that no loans or financial guarantees would be extended otherwise and that the all-important rate of interest on the loans extant could be raised or lowered at my whim.

He had paid her back a few sums in so-called dividends at the high rate of interest he had promised her.

People buy the certificates by paying the taxes and penalties, with a good rate of interest.

The rate of interest is fifteen percent per annum or fraction thereof.

By the second act, the Bank received a lower rate of interest for the sum of 1,775,027 pounds 15 shillings due to it by the state, and agreed to deliver up to be cancelled as many Exchequer bills as amounted to two millions sterling, and to accept of an annuity of one hundred thousand pounds, being after the rate of five per cent, the whole redeemable at one year's notice.

I even had to borrow money from one of Kheldar's business associates at an outrageous rate of interest.

The rate of interest was higher in the provinces than in the capital, and the recovery of a debt could be effected without making any unpleasant disturbance.