What is the definition of Below market interest rate? | Dictionary.net

BELOW MARKET INTEREST RATE

\bɪlˌə͡ʊ mˈɑːkɪt ˈɪntɹəst ɹˈe͡ɪt], \bɪlˌə‍ʊ mˈɑːkɪt ˈɪntɹəst ɹˈe‍ɪt], \b_ɪ_l_ˌəʊ m_ˈɑː_k_ɪ_t ˈɪ_n_t_ɹ_ə_s_t ɹ_ˈeɪ_t]\

Definitions of BELOW MARKET INTEREST RATE

1910 - Black's Law Dictionary (2nd edition)

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A rate that is less than the commercial bank lending rate. They are offered to the low or moderate income customers.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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