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English definition of “interest”

interest

noun (MONEY)    /ˈɪn.trəst/ US  /-trɪst/
C1 [U] money that is charged by a bank or other financial organization for borrowing money: Interest charges on an overdraft are usually quite high.Savings, interest and capital C1 [U] money that you earn from keeping your money in an account in a bank or other financial organization: You should put the money in a savings account where it will earn interest.Savings, interest and capital
(Definition of interest noun (MONEY) from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)
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