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cost of money

Noun CEFR C1

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

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.
See all C1 English words →

See also

cost oil cost overrun cost plus cost price cost saving cost-benefit analysis

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