The basics
Interest
What you pay to borrow money, or earn by lending it, usually a percentage per year.
You'll hear it as
The loan's at 8 per cent interest.
Related terms.
Videos.
Mentioned in 3 videos, plus more on Business & startups.
The basics
What you pay to borrow money, or earn by lending it, usually a percentage per year.
You'll hear it as
The loan's at 8 per cent interest.
Mentioned in 3 videos, plus more on Business & startups.
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