cost of money

plural costs of money

1. uncountableusuallybusinessThe interest rate paid for borrowed funds or the interest itself.

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

   2012 June 26, R. A., “The twilight of the central banker”, in Economist, retrieved 25 Aug 2014

   3 more examples

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

   1993 November 21, “Seoul Surging”, in Business Week, retrieved 25 Aug 2014

   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.

   1994 January 4, “Dow Ekes Out a Slight Rise as Most Stocks Slip”, in New York Times, retrieved 25 Aug 2014

   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%.

   2006 June 27, Richard Lehmann, “Get Ready For Stagflation”, in Forbes, retrieved 25 Aug 2014