Search results
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
Powered by Oxford Dictionaries
Results from the WOW.Com Content Network
Interest. 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]
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.
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.
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 ...
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 .
The effective interest rate (EIR), effective annual interest rate, annual equivalent rate (AER) or simply effective rate is the percentage of interest on a loan or financial product if compound interest accumulates over a year during which no payments are made.
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.
The real interest rate is the rate of interest an investor, saver or lender receives (or expects to receive) after allowing for inflation. It can be described more formally by the Fisher equation, which states that the real interest rate is approximately the nominal interest rate minus the inflation rate.
v. t. e. In finance, a bond is a type of security under which the issuer ( debtor) owes the holder ( creditor) a debt, and is obliged – depending on the terms – to provide cash flow to the creditor (e.g. repay the principal (i.e. amount borrowed) of the bond at the maturity date as well as interest (called the coupon) over a specified ...
A prime rate or prime lending rate is an interest rate used by banks, usually the interest rate at which banks lend to customers with good credit. Some variable interest rates may be expressed as a percentage above or below prime rate.