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.

Read more about Interest.

Famous quotes containing the word interest:

    Combining paid employment with marriage and motherhood creates safeguards for emotional well-being. Nothing is certain in life, but generally the chances of happiness are greater if one has multiple areas of interest and involvement. To juggle is to diminish the risk of depression, anxiety, and unhappiness.
    Faye J. Crosby (20th century)

    Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges ... which are employed altogether for their benefit.
    Andrew Jackson (1767–1845)

    It is the interest one takes in books that makes a library. And if a library have interest it is; if not, it isn’t.
    Carolyn Wells (1862–1942)