1. Interest

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  2. About Interest

    Interest is a fee paid on borrowed capital. By far the most common form in which these assets are lent is money, but other assets may be lent to the borrower, such as shares, consumer goods through hire purchase, major assets such as aircraft, and even entire factories in finance lease arrangements. In each case the interest is calculated upon the value of the assets in the same manner as upon money. Interest can also be thought of as "rent on money".

    The fee is compensation to the lender for foregoing other useful investments that could have been made with the loaned money. Instead of the lender using the assets directly, they are advanced to the borrower. The borrower then enjoys the benefit of the use of the assets ahead of the effort required to obtain them, while the lender enjoys the benefit of the fee paid by the borrower for the privilege. The amount lent, or the value of the assets lent, is called the principal. This principal value is held by the borrower on credit. Interest is therefore the price of credit, not the price of money as it is commonly - and mistakenly - believed to be. The percentage of the principal that is paid as a fee (the interest), over a certain period of time, is called the interest rate.

  3. Quotes about Interest

    1. With the launch of NGI we aim to create a financially viable multimedia initiative towards the provision of interactive forums as a consistent medium that would bring together Indians living across the globe besides showcasing a wide range of topics that would be of interest to the expatriate Indian audience. The portal in particular has been envisaged on the plank of Web 2.0 as a platform for Indians abroad expressing their views and highlighting their concerns.
      In NGI Launches Magazine & Portal for NRIs and Globally Linked ...
    2. We do have a broad interest in this area.
      Marissa Mayer in Google says working to solve health record dilemma
    3. Bubble Motion has continued to impress us with their developments over the past year and a half. With a solid track record of success, a seasoned and experienced leadership team in place, and some phenomenal usage statistics, it is not surprising that the company received so much interest from the VC community.
      In Bubble Motion Closes $14 Million in Second Round Funding