In finance, interest is the price paid by a borrower for the use of a lender's money. In other words, interest is the amount of paid to "rent" money for a period of time. The original amount lent is called the principal, and the percentage of the principal which must be paid annually as interest is called the interest rate. Interest rates are crucial indicators in financial markets.

The existence of interest

---

There are a variety of reasons which explain the why lenders charge interest for the use of their money:

• The time value of money: Most people would choose to have money in the present rather than money in the future. When asked to lend their current money in exchange for a promise to repay that money in the future, most lenders will agree only if they are repaid more than they originally lent. In effect, the interest rate is the payment for the use of money over time.

More on [ Interest ]

Local Interest - Twitter Search

@Garrygen we basically got them on to explain to non-footy fans who still had an interest in local club what admin means...
BenFryer (Ben Fryer) Wed, 28 Oct 2009 12:18:40 -0000
@Garrygen we basically got them on to explain to non-footy fans who still had an interest in local club what admin means...
Columbus: Stocks of local interest http://bit.ly/3aQvff
ColumbusCP (Columbus CP) Wed, 28 Oct 2009 10:15:02 -0000
Columbus: Stocks of local interest http://bit.ly/3aQvff
@NASA Very low ceiling in Clearwater. Might have to watch this one on TV. Lot of interest by local stations.
Strasium (John Sullivan) Wed, 28 Oct 2009 09:10:54 -0000
@NASA Very low ceiling in Clearwater. Might have to watch this one on TV. Lot of interest by local stations.
Hee hee, @caitlen was on ABC country news tonight! Human interest story about local alternatives to the Melb. Cup! :D
scotsnow (Scot Snow) Wed, 28 Oct 2009 08:44:37 -0000
Hee hee, @caitlen was on ABC country news tonight! Human interest story about local alternatives to the Melb. Cup! :D
@CapeTown I am a local blogger Back Chat @ http://leslieback.blogspot.com with some restaurant reviews that might interest the Mother City
Back_Chat (Leslie Back) Wed, 28 Oct 2009 08:35:03 -0000
@CapeTown I am a local blogger Back Chat @ http://leslieback.blogspot.com with some restaurant reviews that might interest the Mother City
Local Roots plants new market in downtown Wooster: Year-round market. Statistics show interest in local produce.. http://bit.ly/uXRLL
karencoghlan (Karen Coghlan) Wed, 28 Oct 2009 06:42:59 -0000
Local Roots plants new market in downtown Wooster: Year-round market. Statistics show interest in local produce.. http://bit.ly/uXRLL

Subscribe to Local_Interest RSS feed