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Investments glossary

Zero Percent

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Quotes of the day:

An inexhaustible good nature is one of the most precious gifts of heaven, spreading itself like oil over the troubled sea of thought, and keeping the mind smooth and equable in the roughest weather.

— Washington Irving

Zero percent refers to a promotional rate of interest used to entice consumers. Zero percent interest rates are often offered by credit card issuers and sometimes by sellers of big-ticket items like home appliances.

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