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Interest Rate
The percentage of a sum of money charged for its use, often expressed as an annual percentage.
Uncertainty
The lack of complete certainty in situations, often due to incomplete information, that affects decision-making processes in economics and finance.
Market Interest Rates
The rates at which borrowers and lenders conduct transactions in the open market, influenced by the supply and demand for credit, inflation, and central bank policies.
Nominal Interest
The interest rate on a loan or investment without adjusting for inflation.
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