interest
interest definition - business
interest
- Payment for the use of borrowed money.
- Partial ownership of an asset. For example, a part owner of a restaurant has an interest in the business.
- Income earned from lending money to others. For example, the owner of a certificate of deposit or a corporate bond earns interest.
The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.
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