“An interest rate is the cost of borrowing or the
price paid for the rental of funds (usually expressed as a percentage of the rental of $100
per year). Many types of interest rates are found in the economy—mortgage interest
rates, car loan rates, and interest rates on many different types of bonds.”
―
The Economics of Money, Banking and Financial Markets
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
0 likes
All Members Who Liked This Quote
None yet!
This Quote Is From
The Economics of Money, Banking and Financial Markets
by
Frederic S. Mishkin735 ratings, average rating, 42 reviews
Browse By Tag
- love (101624)
- life (79584)
- inspirational (76028)
- humor (44431)
- philosophy (31075)
- inspirational-quotes (28967)
- god (26949)
- truth (24784)
- wisdom (24708)
- romance (24420)
- poetry (23375)
- life-lessons (22668)
- quotes (21157)
- death (20593)
- happiness (19078)
- travel (18993)
- hope (18592)
- faith (18467)
- inspiration (17365)
- spirituality (15774)
- relationships (15686)
- life-quotes (15635)
- religion (15424)
- love-quotes (15410)
- motivational (15360)
- writing (14965)
- success (14207)
- motivation (13217)
- time (12895)
- motivational-quotes (12623)
