The active interest rate, or borrowing rate, is the interest rate charged by financial institutions to their customers when they lend money to them.
Related terms
Creditor | Principal | Debtor | Deposit | Mortgage | Mixed interest rate mortgage | Lender | Variable interest rate mortgage | Foreign currency mortgage | Reverse Mortgage | Subprime Mortgage | Interest | Simple Interest | Loan | Credit Card | Debit Card | NIR | Interest rate | Compound interest rate | Passive interest rate