Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

stated interest rate

Read a random definition: seeming danger

A quick definition of stated interest rate:

Stated interest rate: This is the interest rate that is advertised or stated by a lender or financial institution. It is also known as the nominal rate. This rate does not take into account any additional fees or charges that may be associated with the loan or investment. It is important to understand the stated interest rate when comparing different loan or investment options.

A more thorough explanation:

STATED INTEREST RATE

The stated interest rate is the rate of interest that is advertised or agreed upon by the borrower and lender. It is also known as the nominal rate under interest rate.

Example 1: A bank offers a personal loan with a stated interest rate of 5%. This means that the borrower will have to pay 5% interest on the loan amount.

Example 2: A credit card company advertises a card with a stated interest rate of 18%. This means that if the cardholder carries a balance, they will be charged 18% interest on that balance.

The stated interest rate is the rate that is advertised or agreed upon by the borrower and lender. It is important to note that this rate may not be the same as the actual interest rate that the borrower ends up paying. This is because there may be additional fees or charges that are added to the loan or credit card balance. The examples illustrate how the stated interest rate is used in different financial products such as personal loans and credit cards.

State Department | stated meeting

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.