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charge per unit vs interest rate

interest rate vs charge per unit

charge per unit and interest rate both are nouns.

Word NounAdjectiveVerbAdverb
charge per unit Yes No No No
interest rate Yes No No No
As nouns, interest rate is a hyponym of charge per unit; that is, interest rate is a word with a more specific, narrower meaning than charge per unit:
  • charge per unit: amount of a charge or payment relative to some basis
  • interest rate: the percentage of a sum of money charged for its use
charge per unit (noun) interest rate (noun)
amount of a charge or payment relative to some basis the percentage of a sum of money charged for its use
Difference between charge per unit and interest rate

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