What is the interest offered on funds accepted from deposits known as?

The interest offered on funds accepted from deposits is commonly referred to as borrowing rates. This term typically relates to the rates financial institutions pay to depositors for the use of their funds, as these funds are then utilized for lending activities. Institutions use depositors' funds to finance loans and other investments, thereby incurring an obligation to pay interest on those deposits.

In the context of economics and banking, borrowing rates illustrate the cost of obtaining funds through deposits, which is an essential part of the financial system. The rates offered on deposits can influence consumer behavior and overall savings within an economy, impacting liquidity and investment conditions. Thus, this terminology effectively captures the relationship between depositors and financial institutions, emphasizing the nature of interest as a cost of borrowing those deposited funds.