Definition of Interest

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TeachMeFinance.com - explain Interest



Interest

The term 'Interest ' as it applies to the area of Medicare in the United States can be defined as ' A payment for the use of money during a specified period'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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