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:

    In looking back over the college careers of those who for various reasons have been prominent in undergraduate life ... one cannot help noticing that these men have nearly always shown from the start an interest in the lives of their fellow students. A large acquaintance means that many persons are dependent on a man and conversely that he himself is dependent on many. Success necessarily means larger responsibilities, and responsibilities mean many friends.
    Franklin D. Roosevelt (1882–1945)

    There is a blessed necessity by which the interest of men is always driving them to the right; and, again, making all crime mean and ugly.
    Ralph Waldo Emerson (1803–1882)

    Parentage is a very important profession; but no test of fitness for it is ever imposed in the interest of children.
    George Bernard Shaw (1856–1950)