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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. About the author 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". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.