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Interest (Intérêt)

All A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term Definition
Interest (Intérêt)
The cost of borrowing money; the price that a lender charges a borrower for the use of the lender's money. Interest is paid on deposits because they are, in effect, loans to the bank or other deposit-taking institutions.
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