Interest

 

 

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Interest

 

Glossary of business

 

Definition of interest

 

Interest is the reward received for the investment of money. In the case of borrowing it is an amount paid to a lender over and above the original sum borrowed.

 

Source : http://business-tes.wikispaces.com/file/view/Glossary.doc

link: http://business-tes.wikispaces.com/

Author : not indicated on the source document of the above text

 

Terminology about business

 

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Definition and meaning of interest

 

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