charge rate
81base rate — noun the interest rate set by the Bank of England for lending to other banks • Regions: ↑United Kingdom, ↑UK, ↑U.K., ↑Britain, ↑United Kingdom of Great Britain and Northern Ireland, ↑Great Britain • Hypernyms: ↑ …
82flat 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 …
83Locked-In Interest Rate — Referring to a loan where the borrower and lender agree on a constant rate for a specified period. The lending institution promises to charge this locked in rate as a legal commitment. Sometimes there are certain qualifications or exceptions… …
84ten-year charge — An inheritance tax charge made every ten years on certain discretionary trusts. As a discretionary trust does not attach to the life of an individual there is no inheritance tax charge on passing through the generations. To compensate for this a… …
85interest rate — noun the percentage of a sum of money charged for its use (Freq. 1) • Syn: ↑rate of interest • Hypernyms: ↑rate, ↑charge per unit • Hyponyms: ↑discount rate, ↑ …
86special annual allowance charge — Announced in the 2009 Budget, a tax charge on pension saving by high earners levied on saving that exceeds the special annual allowance in the 2009/10 or 2010/11 tax years. The charge reduces the level of tax relief afforded to high earners to… …
87Mortgage Rate Lock — An agreement between a borrower and a lender that allows the borrower to lock in the interest rate on a mortgage over a specified time period at the prevailing market interest rate. The lender may charge a lock fee, which the borrower must pay if …
88Adjustable-rate mortgage — A variable rate mortgage, adjustable rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit… …
89Dual Rate Income Tax — An income tax rate structure in which two different tax rates are charged depending on income levels. All income will be taxed at the lower rate up to the cutoff income tax point and all income above the cutoff point is taxed at the higher rate.… …
90Gross Rate Of Return — The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted over a specific period of time, such as a month, quarter or year. It is often quoted as the rate of return on an investment …
