Interest

From ACT Wiki
Revision as of 17:06, 1 October 2017 by imported>Doug Williamson (Link with PIK notes page.)
Jump to navigationJump to search

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).


3.

A right or expectation in relation to identified property, usually falling short of outright ownership.

For example, a minority interest in a business, or a security interest such as a lien.


4.

A broader class of rights or expectations, not necessarily attached to any particular property.

For example, the public interest.


See also