Legal Dictionary

interest

Legal Definition of interest

Noun

  1. A right, title, claim, or share in property

  2. A specific concern or level of involvement (as financial involvement) esp. that warrants recognition or causes bias

  3. 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)
  4. The well-being of a person (often used in pl.)

  5. A charge for the use of another's money that is usually a percentage of the money being used

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)

  1. (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%.

  2. (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.

  3. (uncountable) Attention that is given to or received from someone or something.

  4. (countable) A business or amorous link or involvement.

    I have business interests in South Africa.

References:

  1. Wiktionary. Published under the Creative Commons Attribution/Share-Alike License.



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