negative interest rate

Definition

Any interest rate that falls below zero.

Use this term in a sentence

You should always shop around to get the best rate and maybe even look to find a negative interest rate.

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They had a negative interest rate and that was really bad, because I liked things that were positive and my interest rate was no different.

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The markets were shocked when Swiss National Bank introduced negative interest rates on all Swiss Franc deposits, and this led to many large firms simply hoarding cash in vaults.

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