What is another word for rate of interest?
Pronunciation: [ɹˈe͡ɪt ɒv ˈɪntɹəst] (IPA) 
The term "rate of interest" refers to the charge or cost of borrowing money, typically expressed as a percentage of the loan amount over a specific time period. While there are variations in how this term is used across different industries and contexts, there are several synonyms that are commonly used to describe this concept. These include terms like "interest rate," "percentage rate," "annual percentage rate (APR)," "finance charge," and "cost of credit." Depending on the context, these synonyms may have slightly different implications or be used to describe distinct aspects of the borrowing process, but all generally refer to the same basic concept of the cost of borrowing money.
