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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.
Thesaurus. A thesaurus ( pl.: thesauri or thesauruses ), sometimes called a synonym dictionary or dictionary of synonyms, is a reference work which arranges words by their meanings (or in simpler terms, a book where you can find different words with same meanings to other words), [1] [2] sometimes as a hierarchy of broader and narrower terms ...
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 force of interest is less than the annual effective interest rate, but more than the annual effective discount rate. It is the reciprocal of the e -folding time. A way of modeling the force of inflation is with Stoodley's formula: δ t = p + s 1 + r s e s t {\displaystyle \delta _{t}=p+{s \over {1+rse^{st}}}} where p , r and s are estimated.
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. [citation needed] The emotion of interest does have ...
Person of interest. " Person of interest " is a term used by law enforcement in the United States, Canada, and other countries when identifying someone possibly involved in a criminal investigation who has not been arrested or formally accused of a crime. [1] It has no legal meaning, but refers to someone in whom the police and/or domestic ...
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.
National interest. The national interest is a sovereign state 's goals and ambitions (economic, military, cultural, or otherwise), taken to be the aim of government. [citation needed]