# Interest Rate

*Borrowing & Credit — Finicade finance glossary*

The price of money: what you're paid to lend it (savings) or charged to borrow it (loans), as a percentage per year. Central banks move a base rate to cool or stimulate the economy, and nearly every other rate in finance is priced off it.

**Related terms:** [APR (Annual Percentage Rate)](https://finicade.com/glossary/apr), [Compound Interest](https://finicade.com/glossary/compound-interest), [Monetary Policy](https://finicade.com/glossary/monetary-policy), [Yield Curve](https://finicade.com/glossary/yield-curve)

Source: https://finicade.com/glossary/interest-rate