The tendency of a product, service, company, or investment to be easily affected by a change in interest rates. For example, demand for expensive items that consumers tend to purchase on credit often slow when interest rates rise, but they Boom when interest rates decline. Likewise, the price of stocks, bonds and Commodities often react to small interest rate changes.
Browse by Subjects
auto and truck sales
See All Related Terms »
Australian Prudential Regulation Authority
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):