Interest
/ˈɪntrəst/
Definitions
- (n.) A legal share, claim, right, or equity in property or a right.
He has a beneficial interest in the trust fund.
- (n.) The right to receive payment for the use of money, typically expressed as a percentage.
The borrower pays interest on the loan monthly.
Forms
- interests
Related terms
See also
Commentary
In legal drafting, distinguish between 'interest' as a property right and 'interest' as financial compensation for money lent.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.