Definition of Money rates

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TeachMeFinance.com - explain Money rates




historic definition...

Money rates -- Means the rates of interest at which money is lending. There are different rates for call money (money loaned on call that is, returnable on the demand of the lender) and time money (money loaned on time that is, loaned for a specified period). The rates for call money are usually lower than those for time money.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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