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Definition: Interest rate
Category: IMF terminology
The fixed charge or return, usually expressed on an annual basis, on a financial asset expressed as a percentage of the price of the asset. http://www.imf.org/external/np/exr/glossary/showTerm.asp
Source:
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
International Monetary Fund (IMF), "Online glossary of selected financial terms" (as per March 15th, 2008), International Monetary Fund, Washington D.C., 2008
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