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:

    Mr. Bok is giving the bird sanctuary as a tract of land at this place. He is dedicating it as a bird sanctuary and putting up these bells to interest the birds in music.
    Calvin Coolidge (1872–1933)

    Justice is a moral virtue, merely because it has that tendency to the good of mankind, and indeed is nothing but an artificial invention to that purpose. The same may be said of allegiance, of the laws of nations, of modesty, and of good manners. All these are mere human contrivances for the interest of society.
    David Hume (1711–1776)

    The English public, as a mass, takes no interest in a work of art until it is told that the work in question is immoral.
    Oscar Wilde (1854–1900)