borrowing rate means the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit drawn down;

borrowing rate means the borrowing rate as defined in point (j) of Article 3 of Directive 2008/48/EC.

borrowing rate means the interest rate expressed as a periodic percentage applied for a given period to the amount of credit drawn down;

Examples of borrowing rate in a sentence

Borrowing rate is expected to rise in the wake of rate hikes announced by RBI in May 2022, which may lead to pressure on margins.
As at 31st March2020Rs ‘000 Balance as at 01st April 2019 117,414Day 1 impact from the application of SLFRS 16(98,348)Restated Balance as at 01st April 201919,066Additions of operating lease agreements during the year-Accretion of Interest2,013Payment to lease creditor(2,018)Balance as at 31st March 202019,061 Current2,572Non Current16,489 19,061 The company use 11.5% as incremental Borrowing rate.

More Definitions of borrowing rate

borrowing rate means the interest rate expressed as a fixed or variable percentage applied

borrowing rate for any given month shall mean an interest rate per annum which is equal to the average Alternate Base Rate in effect during such month plus three-quarters percent (0.75%).

borrowing rate has the meaning provided in Section 2.4.

borrowing rate means the interest rate applicable to any Revolving Loan determined pursuant to one of the two optional methods set forth in subparagraphs(a) and (b) below, as selected by the Company pursuant to the provisions of Section 3.05(a) or 3.05(b):

borrowing rate means the prime rate as published in The Wall Street Journal from time to time during the period from the Closing Date through the date of payment or refund as determined pursuant to Section 2.3.

borrowing rate means the interest rate expressed as a fixed or variable periodic percentage applied for a given period to the amount of credit drawn dowm drawdowns under the credit agreement;