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Revision as of 15:48, 19 November 2015 by imported>Doug Williamson (Link with Principal page.)
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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 a terminal value and a present value, often expressed as a money amount (though it can also be expressed as a percentage).

See also