hoiustamistasud
Hoiustamistasud, also known as deposit interest or savings interest, refers to the payment a financial institution, typically a bank, makes to its customers for holding their funds in a savings account or other deposit-bearing instrument. This interest is essentially a reward for the customer allowing the bank to use their money.
The rate at which hoiustamistasud are calculated varies depending on several factors. These include the prevailing
Hoiustamistasud are typically expressed as an annual percentage rate (APR). This interest can be compounded, meaning
For customers, hoiustamistasud represent a way to grow their savings passively. For banks, deposits are a primary