Business / Debt / Interest: The fee charged by a lender to a borrower for the use of borrowed money, usually expressed as an annual percentage of the principal; the rate is dependent upon the time value of money, the credit risk of the borrower, and the inflation rate. Here, interest per year divided by principal amount, expressed as a percentage. also called interest rate.
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Interest Adjective Synonyms: concern, significance, importance, weight, moment, note, consequence
Interest Noun Synonyms: attention, attentiveness, concern, regard, curiosity, scrutiny, notice, engagement
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Business / Finance / Interest Coverage Test: The ratio of earnings before interest and taxes to annual interest expense. This ratio measures a firm's ability to pay interest. MORE
Business / Finance / Indication Of Interest: (1) Notice given by a dealer (through Autex) or customer of an interest in buying or selling stock, sometimes including specific volume and price; (2) approximation of where a specialist sees buy and MORE
Business / Debt / Interest Cap: The maximum interest rate increase of an Adjustable Mortgage Loan. For example: a 120% loan with a 5% interest rate cap would have maximum interest for the life of the loan which would not exceed 17%. MORE