English Expression · Advanced
interest rate
the percentage charged or paid on money
Pronunciation: IN-trest rate
Meaning
The percentage paid for borrowing money or earned on savings.
Example
The central bank kept the interest rate unchanged.
The central bank kept the borrowing rate unchanged.
Practice tips
- Practice interest rate out loud — read the pronunciation guide above and repeat.
- Use it in your own sentence today; reuse beats rereading.
- Pay attention to context: this English expression is for advanced-level learners.