market rate


The prevailing interest rate available at any given time.

Use market rate in a sentence

The price (or interest rate) which clears the market (meets most sellers and buyers) at a given point in time is the market rate.

​ Was this Helpful? YES  NO 8 people found this helpful.

The market rate he observed in his non-fixed-rate CDs gave him hope that his meager investments might eventually tick up in value.

​ Was this Helpful? YES  NO 9 people found this helpful.

Your loan is currently approved and we are ready to proceed, but please note that interest will continue to accrue at the market rate throughout the lifetime of your loan.

​ Was this Helpful? YES  NO 2 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
limited equity cooperative mortgage rate lock