Interest rate

 

Meaning of the word: Interest rate

The interest rate is a percentage increase of the debt for a period. The interest rate is usually fixed for one year. Interest is a reward for the creditor, who lent his funds to the debtor. The amount of interest that is not limited, however, if it is too high, it is usury, which is contrary to good morals.

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Atlas.cz

Atlas.cz is internet portal, it was founded in 1997. Originally it was founded as a demonstration of the ASP scripting language, after the merger…

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