Designing Buildings: Created page with "The [https://stats.oecd.org/glossary/ glossary of statistical terms], published by the Organisation for Economic Co-operation and Development (OECD), defines interest as: ‘…t..."

2022-04-06T07:17:04Z

Created page with "The [https://stats.oecd.org/glossary/ glossary of statistical terms], published by the Organisation for Economic Co-operation and Development (OECD), defines interest as: ‘…t..."

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The [https://stats.oecd.org/glossary/ glossary of statistical terms], published by the Organisation for Economic Co-operation and Development (OECD), defines interest as: ‘…the amount that the debtor becomes liable to pay to the creditor over a given period of time without reducing the amount of principal outstanding, under the terms of the financial instrument agreed between them.’

It defines an interest rate as: ‘…the cost or price of borrowing, or the gain from lending, normally expressed as an annual percentage amount.

= Related articles on Designing Buildings =

* Assignment of debt.
* Bad debt.
* Debt assignment.
* Debt.
* Fair payment practices.
* Housing Grants, Construction and Regeneration Act.
* Late payment.
* Loan.
* Overdue debt.
* Project bank accounts.
* Prompt payment code.

[[Category:DCN_Definition]] [[Category:Definitions]] [[Category:Cost_/_business_planning]]

Interest rate - Revision history

Designing Buildings: Created page with "The [https://stats.oecd.org/glossary/ glossary of statistical terms], published by the Organisation for Economic Co-operation and Development (OECD), defines interest as: ‘…t..."