What is another word for borrowing rate?

Pronunciation: [bˈɒɹə͡ʊɪŋ ɹˈe͡ɪt] (IPA)

Borrowing rate is a term used in finance to refer to the cost of obtaining funds from a lender. It is the interest rate charged on loans and other credit facilities. Synonyms for borrowing rate include lending rate, interest rate, finance rate, and loan rate. These terms are often used interchangeably depending on the context of the borrowing transaction. The borrowing rate is a critical factor in assessing the feasibility of a project, and borrowers should always strive to obtain the lowest possible rate. It is important to note that borrowing rates differ across lenders, countries, and credit facilities, which is why it is always essential to do your research before taking out a loan.

What are the hypernyms for Borrowing rate?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    interest rate, lending rate, LOAN RATE, MORTGAGE RATE, Banking rate, Borrower rate, Credit rate, Debt rate.

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