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interest |
Also found in: Legal, Encyclopedia, Wikipedia, Hutchinson | 0.12 sec. |
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Interest 1. The charge for the privilege of borrowing money, typically expressed as an annual percentage rate. 2. The amount of ownership a stockholder has in a company, usually expressed as a percentage. Notes: 1. Lenders make money from interest, borrowers pay it.2. Someone who holds more than 5-10% of the stock in a company is said to hold significant interest. Interest The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property.
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