Legal Dictionary
interest
Legal Definition of interest
Noun
- A right, title, claim, or share in property
- A specific concern or level of involvement (as financial involvement) esp. that warrants recognition or causes bias
- Something that causes or warrants particular attention: as
- a: a principle, purpose, or object of concern
- b: a right esp. that arises from a constitution (as the U.S. Constitution)
- The well-being of a person (often used in pl.)
- A charge for the use of another's money that is usually a percentage of the money being used
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Definition of interest
Pronunciation
- (RP) IPA: /ˈɪntɹɛst/
- (US) IPA: /ˈɪntɹəst/, /ˈɪntəɹəst/
- Audio (US) [?]
Etymology
From Old French interesse and interest (French: intérêt) < Medieval Latin interesse < Latin interesse.
Noun
interest (plural interests)
- (uncountable) (finance) The price paid for obtaining, or price received for providing, money or goods in a credit transaction, calculated as a fraction of the amount or value of what was borrowed. [from earlier 16th c.]
Our bank offers borrowers an annual interest of 5%.
- (uncountable) A great attention and concern from someone or something; intellectual curiosity. [from later 18th c.]
He has a lot of interest in vintage cars.
- (uncountable) Attention that is given to or received from someone or something.
- (countable) A business or amorous link or involvement.
I have business interests in South Africa.
References:
- Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.
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