B1💼 Business
Italian word
rata
instalment (of a loan or payment plan)
Looks like
rate
a measure of speed, frequency, or price per unit
⚠️ The trap
'Rata' means instalment, not rate. The interest rate is 'tasso di interesse'. Confusing the two leads to misunderstanding loan documents.
To say "a measure of speed, frequency, or price per unit" in Italian:
rata (instalment); tasso (rate/percentage); tariffa (rate/price)
"rata" in English means:
instalment (of a loan or payment plan)
Example
"Pago il mutuo in rate mensili."
"I pay the mortgage in monthly instalments."
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