Meanings
nounpercentage rate (plural percentage rates)
plural percentage rates
- A measure to show a change or relationship between two numbers as a fraction of 100, over a certain time.
The annual percentage rate on the mortgage loan is 4.5%, indicating the cost of borrowing money on an annual basis, including interest and fees.
- businessA coefficient, expressed as a fraction of 100, of the quotient of two numbers over a specified period of time, where the denominator has the same units as the numerator but is adjusted by a unit of time. This measure indicates the proportion of a part in relation to a whole and is commonly used to describe rates of interest, growth, or change in financial and economic contexts, expressed in percentage points.
Translations
Chinese Mandarin 百分點 /百分点
- 百分點 /百分点 (bǎifēndiǎn)coefficient
Finnish prosentuaalinen muutosvauhti
- prosentuaalinen muutosvauhticoefficient
Polish stawka procentowa
- stawka procentowacoefficient
Cite this entry
APA
percentage rate. (n.d.). In WatkinsX Dictionary. Retrieved November 4, 2026, from https://dictionary.watkinsx.com/word/percentage%20rate
MLA
“percentage rate.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/percentage%20rate. Accessed November 4, 2026.
Chicago
WatkinsX Dictionary, s.v. “percentage rate,” accessed November 4, 2026, https://dictionary.watkinsx.com/word/percentage%20rate.
Source: percentage rate on Wiktionary, CC BY-SA 4.0.