From Longman Business Dictionary
; a rate of
which shows how much interest you
in one year if each interest
year’s payment is
The new bond pays a fixed monthly rate of 5.75% gross (5.90% AER) over five years.
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Microbes, genetics, biochem
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Word of the day
attempts to make people think something is good or important by talking about it a lot on television, the radio etc – used to show disapproval
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