- a sum paid or charged for the use of money or for borrowing money.
- such a sum expressed as a percentage of money borrowed to be paid over a given period, usually one year.
verb (used with object)
- interdigitating cell,
- interest group,
- interest rate,
- interest-rate futures,
Origin of interest
- a right, share, or claim, esp in a business or property
- the business, property, etc, in which a person has such concern
- a charge for the use of credit or borrowed money
- such a charge expressed as a percentage per time unit of the sum borrowed or used
Word Origin for interest
"to cause to be interested," c.1600, earlier interesse (1560s), from the noun (see interest (n.)). Perhaps also from or influenced by interess'd, past participle of interesse.
mid-15c., "legal claim or right; concern; benefit, advantage;" earlier interesse (late 14c.), from Anglo-French interesse "what one has a legal concern in," from Medieval Latin interesse "compensation for loss," noun use of Latin interresse "to concern, make a difference, be of importance," literally "to be between," from inter- "between" (see inter-) + esse "to be" (see essence).
Cf. German Interesse, from the same Medieval Latin source. Form in English influenced 15c. by French interest "damage," from Latin interest "it is of importance, it makes a difference," third person singular present of interresse. Financial sense of "money paid for the use of money lent" (1520s) earlier was distinguished from usury (illegal under Church law) by being in reference to "compensation due from a defaulting debtor." Meaning "curiosity" is first attested 1771. Interest group is attested from 1907; interest rate by 1868.
The charge for borrowing money or the return for lending it.
in the interest of
see in one's interest.
see in one's interest; take an interest; vested interest; with interest.