A finance term for the rate at which interest is charged or paid, commonly used with loans, deposits, bonds, and other financial products.
住宅ローンの利率を比較する。
I compare mortgage interest rates.
The interest rate on deposits went up slightly.
This bank's interest rate is higher than other banks'.
The central bank decided to lower the interest rate.
This home loan can be borrowed at an interest rate of 1.5%.
The interest rate will not change during the contract period.