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INTEREST

Statistics Directorate    
French Equivalent: Intérêts

Definition:
Interest is the amount that the debtor becomes liable to pay to the creditor over a given period of time without reducing the amount of principal outstanding, under the terms of the financial instrument agreed between them.

Source Publication:
SNA 7.93 and ESA 4.42.

Cross References:
Interest rate

Hyperlink:
http://esa.un.org/unsd/sna1993/introduction.asp

Statistical Theme: Financial statistics

Created on Tuesday, September 25, 2001

Last updated on Tuesday, November 13, 2001