flat rate of interest

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• flat rate — noun A fixed uniform rate (eg of charge or payment) • • • Main Entry: ↑flat * * * flat rate UK US noun [countable] [singular flat rate plural flat rates …   Useful english dictionary

• flat rate — ➔ rate1 * * * flat rate UK US noun [C] ► a rate that is fixed at a particular level that does not change, however much work is done or however much a service is used: »The only exceptions to this flat rate are calls to 0800 and 0808 numbers.… …   Financial and business terms

• flat rate — noun count a price, payment, or interest rate that does not change even if conditions change: The hotel charges a flat rate per room per night …   Usage of the words and phrases in modern English

• flat rate — UK / US noun [countable] Word forms flat rate : singular flat rate plural flat rates a price, payment, or interest rate that does not change even if conditions change The hotel charges a flat rate per room per night …   English dictionary

• Flat-fee MLS — (sometimes referred to as flat rate mls or fixed fee mls ) refers to the practice in the real estate industry of placing pertinent information about a property for sale into the database of the local Multiple Listing Service (MLS) for a set fee… …   Wikipedia

• flat — 1 adj: not varying a flat rate; specif of a tax: having a rate that remains constant for any taxable base flat 2 adv: without interest charge; esp: without allowance or charge for accrued interest bonds sold flat Merriam Webster’s Dictionary of… …   Law dictionary

• flat — flat1 [flat] adj. flatter, flattest [ME < ON flatr, akin to OHG flaz < IE * plāt, plēt , wide, flat (> Gr platys, broad, OE flet, floor) < base * plā , broad] 1. having a smooth, level surface; having little or no depression or… …   English World dictionary

• Flat tax — A flat tax (short for flat rate tax) is a tax system with a constant tax rate. [James, Simon (1998) A Dictionary of Taxation , Edgar Elgar Publishing Limited: Northampton, MA] Usually the term flat tax would refer to household income (and… …   Wikipedia

• rate — The cost of debt service paid by a borrower or issuer to a lender or investor. The rate is expressed as an annual percentage of the amount borrowed. For some notes and bonds that pay interest semiannually, the semiannual interest due to the… …   Financial and business terms

• Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …   Wikipedia

• rate — {{Roman}}I.{{/Roman}} noun 1 speed/frequency ADJECTIVE ▪ constant, expected, regular, steady, unchanged ▪ slow ▪ the slow rate of change …   Collocations dictionary