Definition: The sum paid or accrued in return for the use of money.
Pronunciation: \ˈin-t(ə-)rəst\
Used in a Sentence: The interest rate on home loans has been very low for the past few years.
Definition: The sum paid or accrued in return for the use of money.
Pronunciation: \ˈin-t(ə-)rəst\
Used in a Sentence: The interest rate on home loans has been very low for the past few years.