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in·ter·est
/ˈint(ə)rəst/noun
- 1. the state of wanting to know or learn about something or someone: "she looked about her with interest" Similar Opposite
- 2. money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt: "the monthly rate of interest" Similar
verb
- 1. excite the curiosity or attention of (someone): "I thought the book might interest Eric" Similar Opposite
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In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distinct from a fee which the borrower may pay to the lender or some third party.
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum ). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.
Compound interest is interest accumulated from a principal sum and previously accumulated interest. It is the result of reinvesting or retaining interest that would otherwise be paid out, or of the accumulation of debts from a borrower.
Public interest engineering is centered around the development of human and environmentally sustainable structures and system. Public interest design focuses on collaborative efforts to incorporate the public good in designing products, structures, and systems. The Code of Ethics for Engineers from the National Society of Professional Engineers ...
In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations.
Self-interest generally refers to a focus on the needs or desires ( interests) of one's self. Most times, actions that display self-interest are often performed without conscious knowing. A number of philosophical, psychological, and economic theories examine the role of self-interest in motivating human action.
Interest is a feeling or emotion that causes attention to focus on an object, event, or process. In contemporary psychology of interest, [1] the term is used as a general concept that may encompass other more specific psychological terms, such as curiosity and to a much lesser degree surprise .
In property law and real estate, a future interest is a legal right to property ownership that does not include the right to present possession or enjoyment of the property. Future interests are created on the formation of a defeasible estate; that is, an estate with a condition or event triggering transfer of possessory ownership.
Beneficial interest. A beneficial interest is the right that a person has arising from a contract to which they are not a party, or a trust. [1] For example, if A makes a contract with B that A will pay C a certain sum of money, B has the legal interest in the contract, and C the beneficial interest. More generally, a beneficial interest is any ...
Economics ( / ˌɛkəˈnɒmɪks, ˌiːkə -/) [1] [2] is a social science that studies the production, distribution, and consumption of goods and services. [3] [4] Economics focuses on the behaviour and interactions of economic agents and how economies work.