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Bible Dictionaries
Interest, Legal

1910 New Catholic Dictionary

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(Latin: inter, between; esse, to be)

The price or rate of premium per unit of time that is paid by a borrower for the use of what he borrows; specifically, a rate per cent of money paid for the use of money; also the money so paid. Excessive interest is a sin against justice, unlawful, and illegal.

Bibliography Information
Entry for 'Interest, Legal'. 1910 New Catholic Dictionary. https://www.studylight.org/​dictionaries/​eng/​ncd/​i/interest-legal.html. 1910.
 
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