That implicit marginal tax rate of 23 percent is a significant disincentive.

毫无疑问，23%的边缘税率是一个重大的抑制因素。

youdao

For example, as a preparer or user, knowing that a zero-coupon bond matures in 10 years, how do you use the implicit interest rate to compute the periodic interest expense?

例如，无论你是制作者或是使用者，要是你知道一个零票息债券10年内到期，你会如何利用隐含利率去计算出每期间的利息支出呢？

youdao

The phaseout of the EITC after earnings exceed a certain threshold imposes a high implicit marginal tax rate on earnings.

当人们的收入超过一定的数额时再向人们的个人所得课征一笔税金。

youdao

The idea of a forward rate is that, implicit in that term structure is also a quote for the one-year rate, one year hence, because if you look at the two-year rate, can't you infer back what interest rates are going to be in one year?

远期利率隐含在期限结构中的,一年期利率报价,起息日是第二年初,因为如果你知道了两年即期利率,就可以很自然地推出一年即期利率

耶鲁公开课 - 金融市场课程节选

The implicit interest rate on 10-year loans to Italy (the yield on 10-year bonds) rose again above the 7% level which is regarded as punitively unaffordable.

BBC: Be scared when investors throw money at Germany

Even so, as taxpayers we should probably be grateful that gilt yields - the implicit interest rate paid by the government - are so low at the moment.

BBC: Should Osborne borrow for 100 years?

As ever, a drop in the yield on German bonds, the fall in the implicit interest rate it would have to pay, is not a sign that investors are any more hopeful that a solution to the eurozone's stresses are anywhere in sight.

BBC: Be scared when investors throw money at Germany