interest

Definition

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.

Etymology

From Middle English interest, from Old French interesse and interest (French intérêt), from Medieval Latin interesse, from Latin interesse.

Example Sentences

• "Our bank offers borrowers an annual interest of 5%."
• "You shall have your desires with interest"
• "He has a lot of interest in vintage cars."