Zinssatz

interest rate

noun TSINS-zats Rare

Origin: from Zins 'interest' + Satz 'rate'

Also means

rate of interest

Usage Note

Zinssatz is the percentage rate of interest on a loan or deposit. The plural is Zinssätze with umlaut. Related words include Leitzins (key rate set by the central bank) and Sollzins (debit interest). Note Zinsen (the actual interest paid) is normally plural.

Examples

"Der Zinssatz für den Kredit beträgt drei Prozent."

Natural Translation

The interest rate on the loan is three percent.

Literal Translation

The interest-rate for the loan amounts-to three percent.

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