Meaning of cost of money | Babel Free

Definitions

The interest rate paid for borrowed funds or the interest itself.

uncountable, usually

Examples

“The government has also deregulated interest rates, letting the market decide the cost of money.”

“Stocks and bonds have often moved in tandem recently because low interest rates make shares more appealing and cut the cost of money to companies.”

“During the span of time that oil and other natural resources costs have more than doubled, the cost of money, or interest rates, has gone from 1% to 5%.”

“Central banks change the cost of money—the interest rate—in order to clear labour markets.”

CEFR level