Glossary
Welcome to our glossary section.
If you're looking for the definition of a particular finance term or phrase, you can look it up here in our loans glossary. If the term or phrase you're looking for isn't listed, please let us know and we'll make sure it gets included.
Interest Rates
Can be best described as the amount payable to a credit institution, and is usually the sum charged above the actual value of the requested advancement. Interest rates are displayed in the form of a percentage.