Interest: Difference between revisions
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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. | 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. | ||
== See also == | == See also == | ||
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* [[Time value of money]] | * [[Time value of money]] | ||
* [[Yield]] | * [[Yield]] | ||
Revision as of 19:32, 13 December 2014
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.
