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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. [1] It is distinct from a fee which the borrower may pay to the lender or some third party.
These rates are usually the annualised compound interest rate alongside charges other than interest, such as taxes and other fees. Examples Compound interest of 15% on initial $10,000 investment over 40 years Annual dividend of 1.5% on initial $10,000 investment $266,864 in total dividend payments over 40 years
Basic groups: The smallest possible social group with a defined number of people (i.e. greater than 1)—often associated with family building: Dyad: Will be a group of two people. Social interaction in a dyad is typically more intense than in larger groups as neither member shares the other's attention with anyone else.
He states, "Those who hold and those who are without property have ever formed distinct interests in society." Providing some examples of the distinct interests, Madison identified a landed interest, a manufacturing interest, a mercantile interest, a moneyed interest, and "many lesser interests".
A special interest group (SIG) is a community within a larger organization with a shared interest in advancing a specific area of knowledge, learning or technology where members cooperate to effect or to produce solutions within their particular field, and may communicate, meet, and organize conferences.
Single-issue politics are a form of litmus test; common examples are abortion, taxation, animal rights, environment, and guns. The National Rifle Association in the United States, which has only one specific interest, is an example of a single-issue group.
For example, suppose someone deposits $100 with a bank for one year, and they receive interest of $10 (before tax), so at the end of the year, their balance is $110 (before tax). In this case, regardless of the rate of inflation, the nominal interest rate is 10% per annum (before tax).
Community. A community of interest, or interest-based community, is a community of people who share a common interest or passion. These people exchange ideas and thoughts about the given passion, but may know (or care) little about each other outside this area.
In social science and economics, public interest is "the welfare or well-being of the general public" and society. While it has earlier philosophical roots and is considered to be at the core of democratic theories of government, often paired with two other concepts, convenience and necessity, it first became explicitly integrated into governance instruments in the early part of the 20th century.
The principle of equal consideration of interests is a moral principle that states that one should both include all affected interests when calculating the rightness of an action and weigh those interests equally. [1]