Etymology : Middle English, probably alteration of earlier interesse, from Anglo-French and Medieval Latin; Anglo-French, from Medieval Latin, from Latin, to be between, make a difference, concern, from inter- + esse to be; more at IS
Pronunciation : in-t(&-)r&st; in-t&
Function : noun
Date : 15th century
1. involvement in something, curiosity about something; concern, affair; percentage on a loan which is paid over time (Finance); share, stake, claim; benefit. arouse curiosity; cause to become involved in, cause to become concerned with. interestexpense interest paid on loans.
2. To engage the attention of; to awaken interest in; to excite emotion or passion in, in behalf of a person or thing; as, the subject did not interest him; to interest one in charitable work.
3. To be concerned with or engaged in; to affect; to concern; to excite; often used impersonally.
4. To cause or permit to share.
5. Excitement of feeling, whether pleasant or painful, accompanying special attention to some object; concern.
6. Participation in advantage, profit, and responsibility; share; portion; part; as, an interest in a brewery; he has parted with his interest in the stocks.
7. Advantage, personal or general; good, regarded as a selfish benefit; profit; benefit.
8. Premium paid for the use of money, usually reckoned as a percentage; as, interest at five per cent per annum on ten thousand dollars.
9. Any excess of advantage over and above an exact equivalent for what is given or rendered.
10. The persons interested in any particular business or measure, taken collectively; as, the iron interest; the cotton interest. the power of attracting or holding one's interest ; "they said nothing of great interest"; "primary colors can add interest to a room" a sense of concern with and curiosity about someone or something; "an interest in music" a social group whose members control some field of activity and who have common aims; "the iron interests stepped up production" a right or legal share of something; a financial involvement with something; "they have interests all over the world"; "a stake in the company's future" a fixed charge for borrowing money; usually a percentage of the amount borrowed; "how much interest do you pay on your mortgage?" excite the curiosity of; engage the interest of.
11. 1. If you have an interest in something, you want to learn or hear more about it. There has been a lively interest in the elections in the last two weeks His parents tried to discourage his interest in music, but he persisted Food was of no interest to her at all.
12. Your interests are the things that you enjoy doing. Encourage your child in her interests and hobbies even if they're things that you know little about.
13. If something interests you, it attracts your attention so that you want to learn or hear more about it or continue doing it. That passage interested me because it seems to parallel very closely what you're doing in the novel It may interest you to know that Miss Woods, the housekeeper, witnessed the attack.
14. If you are trying to persuade someone to buy or do something, you can say that you are trying to interest them in it. In the meantime I can't interest you in a new car, I suppose?.
15. If something is in the interests of a particular person or group, it will benefit them in some way. Did those directors act in the best interests of their club?.
16. You can use interests to refer to groups of people who you think use their power or money to benefit themselves. The government accused unnamed `foreign interests' of inciting the trouble.
17. A person or organization that has interests in a company or in a particular type of business owns shares in this company or this type of business. Disney will retain a 51 percent controlling interest in the venture.
18. If a person, country, or organization has an interest in a possible event or situation, they want that event or situation to happen because they are likely to benefit from it. The West has an interest in promoting democratic forces in Eastern Europe.
19. Interest is extra money that you receive if you have invested a sum of money. Interest is also the extra money that you pay if you have borrowed money or are buying something on credit. Does your current account pay interest? see also:
interested, interesting, compound interest, self-interest, vested interest.
20. If you do something in the interests of a particular result or situation, you do it in order to achieve that result or maintain that situation. a call for all businessmen to work together in the interests of national stability. to have someone's interests at heart: see:
heart. Price paid for the use of credit or money. It is usually figured as a percentage of the money borrowed and is computed annually. Interest is charged by the lender as payment for the loss of his or her money for a period of time. The interest rate reflects the risk of lending and is higher for loans that are considered higher-risk, a relationship known as the risk/return tradeoff. Like the prices of goods and services, interest rates are responsive to supply and demand. Theories explaining the need for interest include the time-preference theory, according to which interest is the inducement to engage in time-consuming but more productive activities, and the liquidity-preference theory of John Maynard Keynes, according to which interest is the inducement to sacrifice a desired degree of liquidity for a nonliquid contractual obligation. Interest rates may also be used as a tool for implementing monetary policy (see:
discount rate). High interest rates may dampen the economy by making it difficult for consumers, businesses, and home buyers to secure loans, while lower rates tend to stimulate the economy and encourage both investment and consumption.