interest

• Deposit


  A financial term that means money is held at a bank. It is a transaction involving a transfer of money to another party for safekeeping.
• Loan


  Money (or property) given with the promise that it will be paid back in the future, usually with interest.
• Services


  Professional support to aid customers. This is sometimes described as the intangible product.
• Utilities


  The basic amenities like electricity and water.
• Mortgage


  A loan, secured by a collateral, that the borrower is obliged to pay at specified terms.
• Amortization


  The process of reducing a cost or total in regular small amounts.
• Interest


  The money paid regularly at a particular rate for the use of money lent, or for delaying the repayment of a debt.
• Principal


  The original amount invested or borrowed.
• Rate


  The amount of a charge or payment (usually in percent) with reference to some basis of calculation.
• Time


  The duration or term used in solving simple interest.