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.

Read more about Interest.

Famous quotes containing the word interest:

    “Authoritarian political ideologies have a vested interest in promoting fear, a sense of the imminence of takeover by aliens—and real diseases are useful material.”
    —Susan Sontag (b. 1933)

    “A man’s interest in a single bluebird is worth more than a complete but dry list of the fauna and flora of a town.”
    —Henry David Thoreau (1817–1862)

    “Wherever there is interest and power to do wrong, wrong will generally be done.”
    —James Madison (1751–1836)