Concept in Definition ABC

The concept of interests corresponds to the plural of the term interest, a word that in our language presents different references.

On economic matter, for example, the concept of interest has a notable importance and presence since through it the concept of interest is called that gain that results from the capital that someone owns, that is, the benefit or utility of a material good, to mention one case.

In the economic context, likewise, the term is used to designate the index indicating the cost effectiveness savings, investment, or failing that, the cost of a credit that is given or taken, that is, in this sense, the interest will indicate the money that will be obtained after placing a certain amount of money in a period fixed, or on the contrary, the sum that will have to be disbursed as a consequence of having contracted a loan that will present such interest.
With figures we will understand it better... If I have $ 5,000 and I place them in a fixed term in the

Bank and for that reason the bank offers me an annual interest of 14%, at the end of the year I will obtain a profit of $ 700.

Meanwhile, if the bank grants me a credit of $ 10,000 with an interest of 12% per year, $ 1,200 will have to be paid month by month, in concept of that loan.

It is worth noting that a rate of interest will represent the value of money in a given market, then, when more money circulates the lower the interest rate offered and conversely, when the money lacks the rate get on.

On the other hand, the word interest is used very frequently also to refer to that feeling that generates that attention of a person focuses on an object, event or subject specific. It should be noted that interest is usually expressed physically through the dilatation of the pupils of one who is interested in something.

The opposite concept to that of interest is that of disinterest, which precisely refers to the lack of interest, of delusion and of attention that something proposes.

Interest Topics