- 1. the state of wanting to know or learn about something or someone: "she looked about her with interest" synonyms antonyms
- 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" synonyms
- 1. excite the curiosity or attention of (someone): "I thought the book might interest Eric" synonyms antonyms
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Interest definition, the feeling of a person whose attention, concern, or curiosity is particularly engaged by something: She has a great interest in the poetry of Donne.
Interest definition is - a feeling that accompanies or causes special attention to something or someone : concern. How to use interest in a sentence. a feeling that accompanies or causes special attention to something or someone : concern; something or someone that arouses such attention…
Interest is an ancient practice; however, social norms from ancient Middle Eastern civilizations, to Medieval times regarded charging interest on loans as a kind of sin.
interest definition: 1. the feeling of wanting to give your attention to something or of wanting to be involved with and…. Learn more.
Define interest. interest synonyms, interest pronunciation, interest translation, English dictionary definition of interest. n. 1. a. A state of curiosity or concern ...
In compound interest, interest previously paid is included in the calculation of future interest. For example, with the above loan, interest paid in the first month is $30 (3% of $1,000), in the second month it is $30.90 (3% of $1,030), and so forth. Compound interest is more common because it yields more for the lender.
Interest is essentially a rental or leasing charge to the borrower for the use of an asset. In the case of a large asset, such as a vehicle or building, the lease rate may serve as the interest rate.
A negative real interest rate means that the nominal interest rate is less than the inflation rate. e.g. if interest rates are 5%, but inflation is 6%, then there is a negative real interest rate of -1%. It means savers see the value of their money fall by more than the interest payments they get.
This number tells you how much you pay per year and may include additional costs above and beyond the interest charges. Your pure interest cost is the interest “rate” (not the APR). With some loans, you pay closing costs or finance costs, which are technically not interest costs that come from the amount of your loan and your interest rate.
Interest, in finance and economics, 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.