Interest in Financial Term
Subject: Finance | Topics:

Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets.To the borrower it is the cost of renting money, to the lender the income from lending it. It may be expressed either in money terms or as a rate of payment. Interest can also refer to the amount of ownership a stockholder has in a company, usually expressed as a percentage.

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