rate is the cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the investor used to be evidenced by a coupon that could be detached and sent for collection. Thus the cost to the issuer for notes and bonds paying semiannual interest is often called the coupon rate. Lenders or investors may receive a yield that is higher or lower than the rate.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). rate. Retrieved September 20, 2026, from http://smartdefine.org/rate/definitions/1161727 |
| Chicago | Barry Goldsmith. 2010. "rate" http://smartdefine.org/rate/definitions/1161727 (accessed September 20, 2026). |
| Harvard | Barry Goldsmith 2010, rate, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/rate/definitions/1161727>. |
| MLA | Barry Goldsmith. "rate" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/rate/definitions/1161727> |