Interest

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Revision as of 07:00, 21 June 2016 by imported>Doug Williamson (Update & add link.)
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  1. The amount, usually expressed as an annual percentage of the principal, charged for borrowing money, or earned from a fixed income investment or from a floating interest rate investment.
  2. Any difference between the terminal value and the present value of a borrowing or an investment, often expressed as a money amount (though it can also be expressed as a percentage).


See also