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.
Read more about Interest.
Famous quotes containing the word interest:
“Parentage is a very important profession; but no test of fitness for it is ever imposed in the interest of children.”
—George Bernard Shaw (18561950)
“Treading the soil of the moon, palpating its pebbles, tasting the panic and splendor of the event, feeling in the pit of ones stomach the separation from terra ... these form the most romantic sensation an explorer has ever known ... this is the only thing I can say about the matter. The utilitarian results do not interest me.”
—Vladimir Nabokov (18991977)
“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 (17111776)