other uses Expert subject Economics date January 2009 Interest is a fee paid by a borrower of asset s to the owner ... &PMDbProgramId 12881&level 4 doi id isbn 0 13 063085 3 ref When money is borrowed, interest ... or year is called the interest rate . A bank deposit will earn interest because the bank is paying for the use of the deposited funds. Assets that are sometimes lent with interest include money , shares ... entire factories in finance lease arrangements. The interest is calculated upon the value of the assets in the same manner as upon money. Interest is compensation to the lender, for a risk of principal ... of the fee paid by the borrower for the privilege. In economics, interest is considered the price of credit. Interest is often compound interest compounded , which means that interest is earned on prior interest in addition to the principal. The total amount of debt grows exponentially, and its mathematical ... 2011 History of interest According to historian Paul Johnson writer Paul Johnson , the lending of food money was commonplace in Middle East civilizations as far back as 5000BC. They regarded interest ... . In the Roman Empire interest rates usually calculated on a monthly basis and set as multiples of 12 ... ref name m6 Moehlman, 1934, p. 6. ref which was defined as lending on interest above 1 percent per ... Stud. 662. ref Catholic Church opposition to interest hardened in the era of scholastics, when ... Church , argued that the charging of interest is wrong because it amounts to Usury Usury in scholastic ... and, under those conditions, it was considered morally reproachable to charge interest. Citation needed ... Interest Bot generated title ref For the same reason, interest has often been looked down upon in Muslim ... charging interest. Medieval jurists developed several financial instruments to encourage responsible ... as well, interest was no longer viewed in the same manner. The School of Salamanca elaborated on various reasons that justified the charging of interest the person who received a loan benefited ... more details
wiktionary interestInterest is any fee paid on borrowed capital. It may also refer to Interest emotion , the emotion prompting attention or curiosity Relating to this, any hobby or other form of recreation or preference in Social networks context labeled interest because a person feels an emotion of interest towards them Romantically, individuals may be interested in others with sexual interest National interest or raison d tat , the operant doctrines and ambitions of a state Self interest , the ambitions of an individual Conflict of interest , the conflicting obligations of two or more parties in a dispute or trade The entitlement or right that someone has in or to property Returns economics , the gain from the use of real capital, such as money earned on a loan or savings account See also Special Prefixindex Interest List of all pages starting with InterestInterest rate Rights Expectancy value theory Harm principle Stakeholder disambiguation Hobby disambig fr Int r t ru ... more details
Unreferenced stub auto yes date December 2009 Orphan date November 2006 In money lending, penal interest is punitive interest charged by a lender to a borrower if installments are not paid according to the loan terms. DEFAULTSORT Penal Interest Category Interest Econ stub da Morarente no Forsinkelsesrente fi Viiv styskorko sv Dr jsm lsr nta i Sverige ... more details
unreferenced date January 2012 Interest expense relates to the cost of borrowing money. It is the price that a lender charges a borrower for the use of the lender s money. Interest expense is different from operating expense and CAPEX , for it relates to the capital structure of a company. Interest expense is usually tax deductible. See also Freight expense Accounting stub Category Interest Expense Category Expense ... more details
Retained interest also colloquially known as a payout penalty is future, currently unpaid, interest that some lenders add to the remaining Debt principal of a loan to determine a payout figure in the event that the loan is terminated before the completion of the original Time term . When two parties enter into a loan agreement, the amount of interest payable over the term of the loan is calculated and then amortized across the loan repayments. Thus, each repayment can be considered to include two parts one part repaying some of the principal of the loan, and the other paying interest. In the situation that a loan is terminated early, a portion of the interest originally calculated for that loan has not yet been paid, as this interest would have been included in the interest portion of future repayments that are no longer going to be made. Some lenders recover retain some or all of this interest by adding it to the remaining principal of the loan when calculating a payout figure. This portion of the future interest included in the early payout figure for a loan is known as retained interest. Usage in Australia Most Australia n lenders offering commercial loan facilities including chattel ... add retained interest to payout figures for loans that are terminated early. The amount of retained interest charged varies from lender to lender, but generally ranges from 20 to 100 of unpaid future interest. Additionally, retained interest is generally not included as a fee on the loan documents ... car finance learn articles retained interest payout penalties explained.aspx Retained interest & payout penalties explained as it applies to car finance in Australia http www.strattonfinance.com.au car finance calculators tools payout penalty retained interest calculator.aspx Payout Penalty calculator demonstrating the effect of retained interest as it applies to car finance in Australia Category Interest Category Pricing Category Contract law Category Business terms Category ... more details
wiktionary Self interest generally refers to a focus on the needs or desires interests of oneself. By extension, it can mean Individualism , a philosophy stressing the worth of individual selves Psychological egoism , the view that humans are always motivated by self interest Ethical egoism , the ethical position that moral agents ought to do what is in their own self interest Hedonism , the school of ethics which argues that pleasure is the only intrinsic good. Epicureanism , a philosophical system related to hedonism Enlightened self interest , a philosophy which states that acting to further the interests of others also serves one s own self interest Indirect self interest , any situation in which the interests of others match one s own, so that serving one will lead to serving the other See also Altruism Egoism disambiguation Interest disambiguation Self disambiguation Selfish disambiguation disambig ... more details
cleanup date July 2007 Citations missing date July 2007 In finance , accrued Interest is the interest that has accumulated since the wikt principal principal investment , or since the previous interest payment if there has been one already. For a financial instrument such as a Bond finance bond , interest is calculated and paid in set intervals. Accrued income is an income which has been accumulated or accrued irrespective to actual Receipt, which means event occurred but cash not yet received. Formula The primary formula for calculating the interest accrued in a given period is math I A T times P times R math where math I A math is the accrued interest, math T math is the fraction of the year, math P math is the principal, and math R math is the annualized interest rate. math T math is calculated as follows math T frac D P D Y math where math D P math is the number of days in the period, and math D Y math is the number of days in the year. The main variables that affect the calculation are the period between interest payments and the day count convention used to determine the fraction of year, and the date rolling convention in use. A compounding instrument adds the previously accrued interest to the principal each period, applying compound interest . References reflist Category Interest ar ca Cup corregut de St ckzins es Cup n corrido fr Obligation finance Cours et coupon couru ... more details
Refimprove date June 2007 A fixed interest rate loan is a loan where the interest rate doesn t fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate . A fixed interest rate is based on the lender s assumptions about the average discount rate over the fixed rate period. For example, when the discount rate is historically low, fixed rates are normally higher than variable rates because interest rates are more likely to rise during the fixed rate period. Conversely, when interest rates are historically high, lenders normally offer a discount to borrowers to fix their interest rate over time, as rates are more likely to fall during the fixed rate period. Some fixed interest loans particularly mortgages intended for the use of people with previous adverse credit have an extended overhang , that is to say that once the initial fixed rate period is over, the person taking out the loan is tied into it for a further extended period at a higher interest rate before they are able to redeem it. DEFAULTSORT Fixed Interest fixed interest consist of debentures preferred stocks bonds and all government securities Category Interest rates Category Financial economics Category Financial terminology Econ stub ... more details
Merge to Conflict of interest date January 2011 Unreferenced date January 2007 In UK local authority politics, the term prejudicial interest is used to describe a particular type of conflict of interest involving councillors. When a councillor has an interest in a topic under debate that may affect their ability to fairly and objectively consider the subject, he or she is said to have a prejudicial interest. An example would be a councillor discussing a planning application for a company in which he or she has an interest. The councillor has an interest in the plans being approved and is therefore considered to have a prejudicial interest . The Standards Board for England is the body responsible for investigating allegations of undeclared prejudicial interests. It is the responsibility of the councillor to declare their interest prior to discussions or votes and, once declared, they must leave the room for the duration of the discussion or vote. Anyone can make an allegation of an undeclared prejudicial interest although the Standards Board for England can only investigate reactively rather than proactively ie. they cannot intervene to stop an offence from taking place, only investigate the offence once it has taken place. Councillors and members of other local authorities in England are governed by a Code of Practice which is enforced by the Standards Board for England . In Scotland, the Standards Commission for Scotland carries out a similar function but also regulates members of devolved bodies. In Wales, it is the Public Services Ombudsman for Wales that carries out the equivalent function. DEFAULTSORT Prejudicial Interest Category Local government ... more details
Multiple issues expert subject February 2009 orphan February 2009 notability August 2009 IAM interest at maturity usually loan or Deposit account deposit given for special period of time with only two principal exchanges made at the Value date settlement and maturity date s. So there are only two associated Cash flow cashflows when notional is paid received and one cashflow that refers to interest payment. There are two subtypes of IAM deal Simple IAM described above Discounted IAM The difference between simple IAM and discounted is only in date when interest payment made. Using simple IAM interest payment made on maturity date but using dicounted IAM interest paid on settlement date. References reflist Category Interest ... more details
Orphan date February 2009 In Accountancy accounting , which is the process of communicating financial information about a business entity to users such as shareholders and managers , ref Elliot, Barry & Jamie Elliot 2004 . Financial accounting and reporting . London, Prentice Hall . ISBN 0 273 70364 1, p. 3, http books.google.co.uk books?id 82B1L70 xrsC&lpg PP1&dq Financial 20accounting 20and 20reporting&pg PA3 v onepage&q &f false Books.Google.co.uk ref the prefix interest bearing is used adjectively to simply describe accounts that accrue interest . In contrast the term non interest bearing is used to describe accounts that do not accrue interest. ref http www.valuatum.com tutorials balance sheet.shtml Estimating Balance sheet . Valuatum Oy. ref References reflist DEFAULTSORT Interest bearing Category Interest Finance stub ... more details
A contingent interest is an interest which is uncertain, either as to the person who will enjoy it in possession or as to the event on which it will arise. 57 Am J1st Wills 1217. A future interest is contingent where the person to whom or the event upon which it is limited to take effect in possession or become a vested estate is uncertain. Caine v Payne, 86 App DC 404, 182 F2d 246, 20 ALR2d 823. If the condition upon which a future interest depends is precedent, the interest is contingent if the condition is subsequent, the interest is vested, subject to defeasance. Anno 131 ALR 712. Category Real estate ... more details
Unreferenced date March 2007 Wills, trusts, estates A life interest or life rent in Scotland is some form of right, usually under a Trust Law trust , which lasts only for the lifetime of the person benefiting from that right. A person with a life interest is known as a life tenant . A life interest ends when the life tenant dies. An interest in possession trust is the most common example of a life interest trust . In a typical interest in possession trust, the life tenant receives all the income from the Trust law trust for the rest of his or her life. On the life tenant s death , the trust comes to an end, and the Financial capital capital of the trust is paid to another person, known as the remainderman , as specified by the trust document. One form of life interest is a life estate , an ownership interest in property which lasts for the life of the party to whom it has been granted. Unlike the beneficiary of a trust, the owner of a life estate in property has the right to actual possession of the property itself, and may use it as any other owner, subject only to a duty to avoid waste law waste of the property value affecting parties with a future interest . See also Personal injury trust DEFAULTSORT Life Interest Category Real property law law term stub ... more details
Open interest also known as open contracts or open commitments refers to the total number of Derivative ... open interest indicates more activity and liquidity for the contract. ref cite web title Open Interest url http financial dictionary.thefreedictionary.com Open Interest publisher Financial Dictionary ... open . Use of Open Interest in Technical Analysis weasel words date December 2011 Many fact date December 2011 technical analysts believe that a knowledge of open interest can prove useful toward the end of major market moves. For some fact date December 2011 option traders, open interest indicates the intensity of trading in a financial instrument. If open interest increases suddenly, it is likely ..., neither an increase in Volatility finance volatility nor open interest necessarily indicate anything about the direction of future price movements. A leveling off of open interest following a sustained ... interest as an indication that new money is flowing into the marketplace. From this assumption, one could conclude that the present trend will continue. Analogously, declining open interest implies that the market ... misconception is that open interest is the same thing as no of option contracts traded. The difference ... of open interest in this entry, a change in open interest indicates a difference in the number ... Y who is the seller , then open interest rises by 2. If another trader A buys 2 futures contracts from trader B, then the open interest rises to 4. Now, if trader X unwinds his position and the counter party is either Y or B, then the open interest in the system will reduce by that quantity. But if X unwinds his position, and the counter party is a new entrant, say C, then the open interest will remain ... by the market. The Importance of Open Interest Open interest provide useful information that should be considered when entering an option position. First, let s look at exactly what open interest ... trading can involve the creation of a new option contract when a trade is placed. Open interest will tell ... more details
For the public radio show formerly named Public Interest Kojo Nnamdi for the journal The Public Interest Politics Refimprove date December 2009 The public interest refers to the common well being or general welfare. The public interest is central to policy debate s, politics, democracy and the nature ... is positive, there is little, if any, consensus on what exactly constitutes the public interest ..., Public interest is 1. the welfare or well being of the general public commonwealth. 2. appeal or relevance to the general populace a news story of public interest. ref http dictionary.reference.com browse public interest Dictionary.reference.com ref Economist Lok Sang Ho in his Public Policy and the Public Interest Routledge, 2012, published 2011 argues that the public interest must be assessed impartially and therefore defines the public interest as the ex ante welfare of the representative individual. ref Ho, Lok Sang, Public Policy and the Public Interest, Routledge, 2011, http www.routledge.com ... interest is by definition enhanced whenever that change is preferred to the status quo ex ante. This approach ... interest based on the ex post or consequential approach are unavoidably debatable, leading to ambiguity ... interest at one extreme, an action has to benefit every single member of society in order to be truly in the public interest at the other extreme, any action can be in the public interest as long as it benefits ... interest. Hicks stated that the losers must NOT be able to bribe the gainers from forgoing the change, if the change is good for the public interest. It is observed that the Kaldorian position ... enhances the public interest. But it should be clear that some acts in the public interest can be bad ... Krasner , a political scientist used a similar methodology in his book Defending the National Interest. Krasner identifies cases in which no corporate interest is found in US foreign policy in order to identify and analyze a national interest. The ex ante approach to the definition of the public ... more details
Unreferenced stub auto yes date December 2009 Orphan date December 2009 Entities of interest are any physical object, article, item or person which is the focus of inquiry . Often used in law enforcement to represent people, locations, and property. DEFAULTSORT Entities Of Interest Category Legal terms Law term stub ... more details
About the concept of a community based on a common interest a specialized meaning in the field of computer security Community of interest computer security A community of interest is a community of people who share a common interest or passion. These people exchange ideas and thoughts about the given passion, but may know or care little about each other outside of this area. Participation in a community of interest can be compelling, entertaining and create a sticky community where people return frequently and remain for extended periods. Frequently, they cannot be easily defined by a particular geographical area. In other words, a community of interest is a gathering of people assembled around a topic of common interest. Its members take part in the community to exchange information, to obtain answers to personal questions or problems, to improve their understanding of a subject, to share common passions or to play. ref F. Henri & B. Pudelko, http hal.archives ouvertes.fr docs 00 19 02 67 PDF Henri France 2003.pdf Understanding and analysing activity and learning in virtual communities , Journal of Computer Assisted Learning 2003 19, 474 487. ref In contrast to a spatial community , a community of interest is defined not by space, but by some common bond e.g. feeling of attachment or entity e.g. farming, church group . ref Ramsey D, Beesley KB. http www.rrh.org.au articles subviewnew.asp?ArticleID 850 Perimeteritis and rural health in Manitoba, Canada perspectives from rural healthcare managers . Rural and Remote Health 7 850. Online 2007. Available http www.rrh.org.au ref See also div style moz column count 2 webkit column count 2 column count 2 Community of action Community ... Community of purpose Identity politics Sense of community Conflict of interest div References reflist ... as opportunities for social creativity in communities of interest http l3d.cs.colorado.edu gerhard papers iris24.pdf Communities of Interest Learning through the Interaction of Multiple Knowledge ... more details
Infobox Magazine image file American Interest Cover.jpg image size 225px frequency Bimonthly firstdate 2005 company The American Interest LLC category International relations issn 1556 5777 language English language English country United States based Washington, D.C. editor Adam Garfinkle website http www.the american interest.com the american interest.com The American Interest AI is a non partisan ... in 2005 by a number of members of the editorial board of The National Interest , led by Francis Fukuyama ... at The National Interest and Give Rise to Plans for a Rival Journal , Chronicle of Higher Education , April 15, 2005 ref Several people formerly associated with The National Interest are now associated with The American Interest , including former National Interest editor Adam Garfinkle the founding editor of The American Interest Fukuyama, who serves as chairman of the new journal s four man executive committee Ruth Wedgwood , formerly a National Interest advisory council member and now an American Interest editorial board member and Thomas M. Rickers, formerly the managing editor of The National Interest and now the managing editor of The American Interest . ref The American Interest ... Snapshot , via the Internet Archive , of The National Interest staff directory, January 5, 2006 ref Statement of purpose The purpose of the AI , as described on its website ref The American Interest ... the defense of obsolete positions. 3. Third, though its name is The American Interest , our pages ... The American Interest represents a new and fascinating sun in the expanding galaxy of opponents ..., Garfinkle, and other magazine staffers, the major contributors have included ref The American Interest ... Policy References references External links http www.the american interest.com The American Interest website DEFAULTSORT American Interest, The Category Publications established in 2005 Category ... in Washington, D.C. US poli mag stub sv The American Interest ... more details
Insurable interest exists when an insured person derives a financial or other kind of benefit from the continuous ... . A person has an insurable interest in something when loss of or damage to that thing would cause the person to suffer a financial loss or other kind of loss. Typically, insurable interest is established ... not those of strangers. The factual expectancy test and legal interest test are the two major concepts of insurable interest. ref Kimball Stanley A. 2008 . https www.judicialview.com ajaxupload upload ... interest as a requirement for purchasing insurance distanced the insurance from gambling, thereby ... provided leadership by passing legislation that prohibited insurance contracts if no insurable interest ... People have an insurable interest in their property up to the value of the property, but not more. The principle ..., has an insurable interest on the property used as security, but the insurable interest is not in excess of the value of the loan. Life insurance Insurable interest refers to the right of property to be insured. ref name Interest http legal dictionary.thefreedictionary.com Insurable interest The Free Dictionary definition of Insurable interest , citing cases at 1 Burr. 489. See 20 Pick. 259 1 Pet ... 6 Google Books . Accessed June 18, 2009. ref It may also mean the interest of a beneficiary of a life insurance policy to prove need for the proceeds, called the insurable interest doctrine . ref name QandA Specifically, insurable interest is quote An interest based upon a reasonable expectation ..., loss by reason of their death or disability or A substantial interest engendered by love ..., You Bet Your Life Insurable Interest in Life Insurance , found at http www.soa.org files pdf 094bk ... June 18, 2009. ref Insurable interest is no longer strictly an element of life insurance contracts ... s. ref name SOA The principle of insurable interest on life insurance is that a person or organization ..., insurance can compensate for loss. A company may have an insurable interest in a President CEO or other ... more details
accounting Minority interest also known as Non controlling interest in business is an accounting concept that refers to the portion of a subsidiary corporation s stock that is not owned by the parent corporation. The magnitude of the minority interest in the subsidiary company is generally less than 50 of Shares outstanding outstanding shares , else the corporation would generally cease to be a subsidiary of the parent. ref http www.groco.com readingroom bus dloc mid.aspx. The Minority Interest Discount ref It is, however, possible e.g. through special voting rights that a controlling interest requiring consolidation be achieved without exceeding 50 ownership depending on the accounting standards being employed. Minority interest belongs to other investors and is reported on the consolidated balance sheet of the owning company to reflect the claim on assets belonging to other, non controlling shareholders. Also, minority interest is reported on the consolidated income statement as a share of profit belonging to minority shareholders. Minority interest is an integral part of the enterprise value of a company. The converse concept is an associate company . Under IFRS the minority interest non controlling interest is reported in the Equity section of the consolidated balance sheet. Under US GAAP , minority interest can be reported in the liabilities section, the equity section, or the mezzanine section of the balance sheet. The Mezzanine section is located between liabilities and equity .... It is no longer acceptable to report minority interest in the Mezzanine section of the balance ... Share capital Tag Along right Voting interest Multicol end External links http beginnersinvest.about.com library lessons bl lesson3x.htm Minority Interest http www.investopedia.com terms m minorityinterest.asp Minority Interest at Investopedia.com http beginnersinvest.about.com cs investinglessons ... Interest Category Corporations law Category Finance Category Generally Accepted Accounting Principles ... more details
Interest aggregation is the activity in which the political demands of groups and individuals are combined into policy programs, as defined by Almond, Powell, Dalton, and Strom. ref Almond, Gabriel Powell, Bingham Dalton, Russell Kaare Str m political scientist Str m, Kaare Eds. Comparative Politics Today . 8th edition. New York Addison Wesley Longman, pp. 634 684 ref Interest aggregation includes those methods employed by individuals to effect change, commonly called personal interest aggregation, or by groups, to seek the support of or make demands of the government . See also Interest group Party system References reflist Category Government gov stub ... more details
Overreaching Interest is a term in English land law . Overreaching can only exist where a trust law trust is in existence and a property is sold.It occurs when the purchaser paid to at least two trustees in monies. The occupiers of a property in such a situation cannot then claim that their occupation of the property is an overriding interest , as the joint trustees have brought that occupation to a close through the sale of the property. By purchasing the property from trustees, under Section 2 of the Law of Property Act 1925 ref UK LEG type ukpga title Law of Property Act 1925 path http www.legislation.gov.uk ukpga Geo5 15 16 20 section 2 ref , the occupation rights of any other party are automatically extinguished. If such a party claims an overriding interest in the land, that interest is converted by attaching a monetary interest to the land eg a purchase price, and the interest claimed by the party is overreached , this conversion is often referred to as the doctrine of Equitable conversion . If only one owner exists, then there is a risk that a third party could claim occupation, and overreaching cannot apply. The issues of overreaching and overriding interests are often closely linked, and the case of Birmingham Midshires v Sabherwal ref 2000 80 P. & C.R. 256 ref examined both issues. See also Overriding interest References References Category English property law UK law stub ... more details
Multiple issues refimprove January 2009 orphan January 2009 wikify April 2010 Trailing also known as residual or two cycle is an interest method of Balance accounting balance calculation that allow companies to reach back into previous cycles to collect interest on balances already paid off. ref Cite web last Mierzwinski first Edmund authorlink Edmund Mierzwinski coauthors title Testimony of the U.S. Public Interest Research Group work Legislative Hearing On HR 5244, the Credit Cardholders Bill of Rights Before the Subcommittee On Financial Institutions and Consumer Credit Of the Financial Services Committee, U.S. House of Representatives Honorable Carolyn Maloney, Chair publisher United States House of Representatives date 17 April 2007 url http www.house.gov apps list hearing financialsvcs dem mierzwinski041708.pdf format pdf doi accessdate 2008 01 27 archiveurl http web.archive.org web 20080502193711 http www.house.gov apps list hearing financialsvcs dem mierzwinski041708.pdf Bot retrieved archive archivedate 2008 05 02 ref References Reflist External links http consumerist.com consumer bank of america be billed for paying off your bills with boas magic trailing interest 205107.php Consumerist Be Billed For Paying Off Your Bills With BoA s Magic Trailing Interest http www.extracreditcards.com trailing interest About Trailing Interest Category Interest Accounting stub ... more details
Unreferenced date February 2009 accounting Controlling interest in a corporation means to have control of a large enough block of voting stock shares in a company such that no one stock holder or coalition of stock holders can successfully oppose a motion. In theory this normally means that controlling interest would be 50 of the voting shares plus one. In practice, though, controlling interest can be far less than that, as it is rare that 100 of a company s voting shareholders actively vote. Additionally, a company that requires a 2 3 super majority of shares to vote in favor of a motion can grant, in effect, veto power to a minority shareholder or block of shareholders that own 1 3 of the shares. Thus in some cases a single entity can essentially maintain control with only 33.4 of the outstanding shares. Ford Motor Company s former 33.9 ownership of Mazda North American Operations is an example of a controlling interest with minority shareholding that was granted by Mazda. See also Consolidation business Minority interest Holding company Parent company Subsidiary Category Financial accounting accounting stub ... more details
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