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:

    Society has really no graver interest than the well-being of the literary class.
    Ralph Waldo Emerson (1803–1882)

    It is the interest of the commercial world that wealth should be found everywhere.
    Edmund Burke (1729–1797)

    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)