California Codes > Health and Safety Code > Division 26 > Part 2 > Chapter 4 – Research
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Terms Used In California Codes > Health and Safety Code > Division 26 > Part 2 > Chapter 4 - Research
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Statute: A law passed by a legislature.