FANDOM


Interest is the cost of borrowing money. The borrower pays to the creditor a pre-determined amount for the use of borrowed money. This amount is the interest. You may take is as a sort of "rent" paid for the use of money belonging to someone else. The history of interest is as old as the human civilization, and references are available to indicate that in ancient time too some form of interest, may be in kind, was in vogue for use of other person's assets and resources.

Discuss!Edit

Talk about everything related to Interest in our wiki-based forum.




This article, "Interest", is a stub. Please consider adding content to this page to make it more complete.
See more information about how to get started at the Central Wikia tutorial.

This page uses Creative Commons Licensed content from Wikipedia (view authors). Smallwikipedialogo.png

Ad blocker interference detected!


Wikia is a free-to-use site that makes money from advertising. We have a modified experience for viewers using ad blockers

Wikia is not accessible if you’ve made further modifications. Remove the custom ad blocker rule(s) and the page will load as expected.