What is the meaning of Rate of interest?

Rate of interest is the rate, as a proportion of the principal, at which interest is computed.

Barry Goldsmith
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APABarry Goldsmith. (2010). rate of interest. Retrieved September 23, 2026, from http://smartdefine.org/rate_of_interest/definitions/1161746
ChicagoBarry Goldsmith. 2010. "rate of interest" http://smartdefine.org/rate_of_interest/definitions/1161746 (accessed September 23, 2026).
HarvardBarry Goldsmith 2010, rate of interest, Smart Define, viewed 23 September, 2026, <http://smartdefine.org/rate_of_interest/definitions/1161746>.
MLABarry Goldsmith. "rate of interest" 21 October 2010. Web. 23 September 2026. <http://smartdefine.org/rate_of_interest/definitions/1161746>
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