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:

    The heights of popularity and patriotism are still the beaten road to power and tyranny; flattery to treachery; standing armies to arbitrary government; and the glory of God to the temporal interest of the clergy.
    David Hume (1711–1776)

    Just as the French of the nineteenth century invested their surplus capital in a railway-system in the belief that they would make money by it in this life, in the thirteenth they trusted their money to the Queen of Heaven because of their belief in her power to repay it with interest in the life to come.
    Henry Brooks Adams (1838–1918)

    I should consider it a greater success to interest one wise and earnest soul, than a million unwise and frivolous.
    Henry David Thoreau (1817–1862)