|
 |
Investing Glossary:
Interest
Copyright 2010,
Campbell R. Harvey. All Rights Reserved.
Do not reproduce without explicit permission.
- I -
| Term: |
|
| Definition: |
| The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of Exchange of present consumption for Future consumption. Also, a share or title in property.
|
|
|
| |
|
