Interest

Interest

Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or money earned by deposited funds.

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Famous quotes containing the word interest:

    Indiana was really, I suppose, a Democratic State. It has always been put down in the book as a state that might be carried by a close and careful and perfect organization and a great deal of—[from audience: “soap”Ma reference to purchased votes, the word being followed by laughter].
    I see reporters here, and therefore I will simply say that everybody showed a great deal of interest in the occasion, and distributed tracts and political documents all through the country.
    Chester A. Arthur (1829–1886)

    Any effort in philosophy to make the obscure obvious is likely to be unappealing, for the penalty of failure is confusion while the reward of success is banality. An answer, once found, is dull; and the only remaining interest lies in a further effort to render equally dull what is still obscure enough to be intriguing.
    Nelson Goodman (b. 1906)

    The English public, as a mass, takes no interest in a work of art until it is told that the work in question is immoral.
    Oscar Wilde (1854–1900)