rate of interest - Meaning in Punjabi
rate of interest - Meaning in Punjabi
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Definitions and Meaning of rate of interest in English
rate of interest noun
- the percentage of a sum of money charged for its use
Synonyms
interest rate
Description
In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum, at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve, but not at a particular rate decided beforehand, rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs when the revenue earned exceeds the total costs.
Also see "Interest" on WikipediaAlso See
What is another word for rate ?
What is another word for interest ?
Sentences with the word interest
What is rate of interest meaning in Punjabi?
The word or phrase rate of interest refers to the percentage of a sum of money charged for its use. See rate of interest meaning in Punjabi, rate of interest definition, translation and meaning of rate of interest in Punjabi. Find rate of interest similar words, rate of interest synonyms. Learn and practice the pronunciation of rate of interest. Find the answer of what is the meaning of rate of interest in Punjabi.
Other languages: rate of interest meaning in Hindi
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What is rate of interest meaning in Punjabi, rate of interest translation in Punjabi, rate of interest definition, pronunciations and examples of rate of interest in Punjabi.
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