El interés
Example: El interés del banco sobre el préstamo es muy alto.
Definition
"El interés" in finance refers to the amount charged by a lender to a borrower for the use of money, usually expressed as a percentage of the principal loan amount. It represents the cost of borrowing or the gain from lending over a specified period.
Etymology
The word "interés" comes from the Latin term 'interesse,' meaning 'to be between' or 'to matter.' It evolved in financial use to indicate the amount that 'matters' or is 'in between' the principal and the total repayment. Did you know? The concept dates back to ancient times when money lending became formalized.
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"El interés" appears in the Vocaplus list "Spanish - Finance - (A1-C2) - set 1", containing 150 commonly used words.
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