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:
“The slaves of power mind the cause they have to serve, because their own interest is concerned; but the friends of liberty always sacrifice their cause, which is only the cause of humanity, to their own spleen, vanity, and self-opinion.”
—William Hazlitt (1778–1830)
“In the middle years of childhood, it is more important to keep alive and glowing the interest in finding out and to support this interest with skills and techniques related to the process of finding out than to specify any particular piece of subject matter as inviolate.”
—Dorothy H. Cohen (20th century)
“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)