MLchartDataset catalogue

Interest

Term · Finance and investing · MLC-T-FIN-000207

The price paid for borrowing money. It is expressed as a percentage rate over a period of time.

Interest rates may be fixed, meaning the rate is set and will not change, or may be variable or "floating," meaning the rate may move higher or lower over time.

Table 1. Record
IdentifierMLC-T-FIN-000207
FieldFinance and investing
ReferencesSEC Investor.gov Glossary
Record as JSON 
{
  "id": "MLC-T-FIN-000207",
  "term": "Interest",
  "field": "Finance and investing",
  "definition": "The price paid for borrowing money. It is expressed as a percentage rate over a period of time.\n\nInterest rates may be fixed, meaning the rate is set and will not change, or may be variable or \"floating,\" meaning the rate may move higher or lower over time.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/interest/"
}

Record 207 of 398 in Finance and investing terminology (MLC-0118). Request the full dataset.