Your English writing platform
Discover LudwigExact(8)
BORROWERS can see their interest rates change from the initially quoted rate for many reasons.
The Bank of England said: "The quoted rate on credit cards was broadly similar in Q2 compared to that in the previous quarter.
It said: "Quoted rates on some personal loans also continued to fall, with the quoted rate on a £10,000 loan at its lowest since the start of the series in 1995".
If borrowers believe that the longer-term trend points upward, or if they do not want to worry about market fluctuations, they can lock in the quoted rate for 60 days, but it will cost them to do it.
It may think it desirable in this case to protect its position against the possibility of sterling being devalued in the near future by selling sterling forward at the existing quoted rate.
Sterile maggots may be purchased at a quoted rate of five dollars per thousand.
Similar(50)
The clerk weighed it and quoted rates for shipping it to the buyers' zip codes.
The quoted rates, Ms. Goodwin explained, could rise by as much as 50percentt.
In checking a dozen possible dates over the next two months, I was quoted rates for a standard room from $89 to $215.
The associated squeeze on margins would be counterproductive to the point that quoted rates may actually be pushed higher instead as banks seek to cross-subsidise existing loans.
These are people who buy and sell currencies simultaneously on different exchanges in order to profit by small differences in the quoted rates.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com