Interest Rates, Nominal interest rate, Default rate

When we say interest Rates or interest rate we mean the cost of money, i.e. the price for a loan for the use of money capital of a banking institution for a specified period of time.

There are many types of interest rates, such as lending rate, deposit rate, rate credit card interbank, interstate and several others.

When referring to the interest rate as a mean value component that represents all kinds of interest rates. If the lending rate is 5% per year meant that when someone borrow a specific capital should at the end of the year to pay off the particular borrowed capital and 5% extra.

The interest rate is subject to changes that reflect market conditions. The setting of interest rates made ​​by central bank decisions. The criteria by which decisions are made to change the interest rate is quite complex and related to the design of monetary policy in an economy of a state.

Nominal interest rate is the interest rate specified in the lending or other contracts and does not include any kind of supplements or as late payment charges and overdue.

Default rate is the rate charged plus a lending agreement, if the borrower is late in paying one or more tranches or avoid total repayment of the loan to the lender. The default rate is usually defined by law, but can be and agreed between the parties.

When someone would borrow any money capital of any bank should always know precisely the terms of the loan agreement.

links to markets
συνδέσεις για αγορές
ссылки на рынки
市場的連結

LinksToMarkets.com

Ads help us operate our website. When you visit our website, our website and advertiser companies can access and use COOKIES on your device to display relevant personalised content ads. See how COOKIES are used and how you can change your settings. By Continuing on this site you accept the use of COOKIES on your device.

Οι διαφημίσεις μας βοηθούν να λειτουργούμε τον διαδικτυακό μας τόπο. Όταν επισκέπτεστε τον διαδικτυακό μας τόπο, ο διαδικτυακός μας τόπος και οι διαφημιζόμενες εταιρείες μπορούν να έχουν πρόσβαση και να χρησιμοποιούν COOKIES στη συσκευή σας για την προβολή σχετικών διαφημίσεων εξατομικευμένου περιεχομένου. Δείτε πως χρησιμοποιούνται τα COOKIES και πως μπορείτε να αλλάξετε τις ρυθμίσεις σας. Συνεχίζοντας την περιήγηση στην Ιστοσελίδα μας σημαίνει ότι αποδέχεστε τη χρήση των COOKIES στη συσκευή σας.