The base interest rate is the minimum required rate of return acceptable to...

same as benchmark interest rate

This represents the interest paid on the usage of the vehicle during a lease. It is the ‘cost' of a lease before factoring in discounts, fees, and penalties and is not directly comparable to the APR for a loan. Lowering the base interest rate is one of the methods manufacturers use to subsidize leases. The phrase ‘money factor' measures the same cost and can be converted into a base interest rate. For example, to convert a money factor of 0.00276 into an approximate base interest rate we would multiply the money factor by 24. The result would be 0.0662 or 6.62%.

The Base Rate is the Current Rate less the Bonus Rate if any. In many cases the Base Rate and the Current Rate are the same.

The minimum indexed interest rate you earn during a term for a fixed-indexed annuity.

Related: Benchmark interest rate.

This is the difference between the full interest rate and the interest adjustment rate. From 1 April 2006 the base interest rate is 3.8%.

Represents the interest paid on the usage of the vehicle in a lease. It is the 'cost' of a lease before factoring in discounts, fees, and penalties. Subsidized leases are often less costly because manufacturers lower the base interest rate. The phrase 'money factor' measures the same cost, but expresses it in a less understandable fashion.

This is the cost of leasing and using a vehicle and is measured by the interest paid over the lease term.

Also called the benchmark interest rate, the minimum interest rate demanded by investors for non-Treasury security.