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Contract Rate
The agreed-upon rate specified in a contract for performing services or supplying goods.
Bond Indenture
A contract that spells out the provisions of the contract between the corporation and bondholder.
Interest Rate
The percentage at which interest is paid by a borrower for the use of money, or the amount a lender charges for the borrowing of money.
Contract Rate
The agreed-upon interest rate specified in a loan or bond agreement.
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