account paying interest
1Interest on Lawyer Trust Accounts — (IOLTA) is a type of program in which interest earned from money held in a lawyer trust accounts is aggregated and required to paid to another state agency, subsidizing legal services for those who cannot afford them.HistoryThe practice is that a …
2interest-bearing — ˈinterest ˌbearing adjective [only before a noun] FINANCE paying interest: • interest bearing current accounts * * * interest bearing UK US adjective [before noun] (also interest paying) FINANCE ► used to describe a financial pro …
3interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… …
4Interest — The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property. The New York Times Financial… …
5account — a record of a business transaction. When you buy something on credit, the company you are dealing with sets up an account . This means it sets up a record of what you buy and what you pay. You will do the same thing with any customers to whom you …
6Interest — For other uses, see Interest (disambiguation). Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money,[1] or money earned… …
7interest — / ɪntrəst/ noun 1. payment made by a borrower for the use of money, calculated as a percentage of the capital borrowed 2. money paid as income on investments or loans ● to receive interest at 5% ● the loan pays 5% interest ● deposit which yields… …
8Transactional account — Banking A series on Financial services …
9Money market account — This article is about the type of bank deposit account. For the type of mutual fund, see Money market fund. Banking …
10Money market deposit account — A money market account is a deposit account with a relatively high rate of interest, and short notice (or no notice) required for withdrawals. In the United States, it is a style of instant access deposit subject to federal savings account… …
