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interest investment & finance definition
- A fee that is charged by a lender to a borrower for the right to use the borrowed funds. The funds can be used to purchase a house, a car, or goods that were charged on a credit card, for example. The interest charge typically is expressed as an annual percentage rate.
- An amount of money that an investor receives for leaving funds on deposit in an interest-bearing account, usually expressed in annual percentage terms.
- Partial or total ownership in an asset.
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