When the stated interest rate is not indicative of the market rate at the time a note is negotiated, the value of the asset (cash or non-cash) or service exchanged for the note establishes the market rate.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). implicit rate of interest. Retrieved September 22, 2026, from http://smartdefine.org/implicit_rate_of_interest/definitions/1155760 |
| Chicago | Barry Goldsmith. 2010. "implicit rate of interest" http://smartdefine.org/implicit_rate_of_interest/definitions/1155760 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, implicit rate of interest, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/implicit_rate_of_interest/definitions/1155760>. |
| MLA | Barry Goldsmith. "implicit rate of interest" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/implicit_rate_of_interest/definitions/1155760> |