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.back to dictionary >
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Basic health insurance is mantadory in the Czech Republic. It is providing by health insurances, like Všeobecná zdravotní pojišťovna or VZP. The…go to the dictionary >
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