Conduct and Fixed rate: Difference between pages
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Interest calculated as a constant prespecified percentage of the principal amount, and payable at prespecified intervals, often semi-annually or annually. | |||
Also known as fixed rate interest. | |||
==See also== | == See also == | ||
* [[ | * [[Fixed exchange rate system]] | ||
* [[ | * [[Fixed rate bond]] | ||
* [[ | * [[Fixed rate payer]] | ||
* [[ | * [[Floating rate]] | ||
Revision as of 09:57, 22 June 2016
Interest calculated as a constant prespecified percentage of the principal amount, and payable at prespecified intervals, often semi-annually or annually.
Also known as fixed rate interest.