Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(177972 Points)
Replied 05 December 2021
Dictionary meanings are many, some more INTERESTing!!
Here for an accountant....
Interest is the monetary charge for the privilege of borrowing money, typically expressed as an annual percentage rate (APR).
Interest is the amount of money a lender or financial institution receives for lending out money.
Interest can also refer to the amount of ownership a stockholder has in a company, usually expressed as a percentage