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UK//ˈɪntə.rest reɪts//US//ˈɪntər.ɛst reɪts//

Meaning of Interest rates

The percentage charged on borrowed money or earned on savings.

In simple words: The cost of borrowing money expressed as a percentage.

Interest rates in a sentence

  • Interest rates have increased, affecting many borrowers.
  • The central bank decided to lower interest rates to stimulate the economy.
  • Some people prefer fixed interest rates for stability over time.
  • High interest rates make it harder for individuals to buy homes.
  • Many investors watch interest rates closely for signs of economic change.

How to use Interest rates

Used in financial contexts, often when discussing loans or economic policy. Avoid using colloquial language when discussing serious financial matters.

Grammar pattern

plural noun

Memory hint

Think of 'interest rates' as 'interest in rates' for borrowing.

Related words

Collocations with Interest rates

  • raise interest rates
  • lower interest rates
  • current interest rates

Synonyms for Interest rates

  • borrowing costs
  • lending rates
  • financial charges

Common mistakes with Interest rates

  • Confusing 'interest rates' with 'inflation rates'.
  • Using 'interest rate' instead of the correct plural 'interest rates'.

Interest rates appears in

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Frequently asked questions about Interest rates

What does Interest rates mean?

The cost of borrowing money expressed as a percentage.

What is the definition of Interest rates?

The percentage charged on borrowed money or earned on savings.

How do you use Interest rates in a sentence?

Interest rates have increased, affecting many borrowers.

Can you give another example of Interest rates?

The central bank decided to lower interest rates to stimulate the economy.

What are synonyms for Interest rates?

Common alternatives include borrowing costs, lending rates, financial charges.

What words go with Interest rates?

It commonly pairs with raise interest rates, lower interest rates, current interest rates.

What are common mistakes when using Interest rates?

Confusing 'interest rates' with 'inflation rates'. Using 'interest rate' instead of the correct plural 'interest rates'.

How do you pronounce Interest rates?

US: //ˈɪntər.ɛst reɪts//, UK: //ˈɪntə.rest reɪts//. Listen to the audio above to hear native pronunciation.

When should I use Interest rates?

Used in financial contexts, often when discussing loans or economic policy. Avoid using colloquial language when discussing serious financial matters.