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Interest for Dummies

verb

pronunciation: 'ɪntərɪst

What does Interest really mean?

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Hey there, let's talk about the word "interest." Have you ever heard someone use this word before? Well, when we talk about interest, we usually mean that it's something that grabs our attention or makes us curious. Just like when you see a colorful butterfly fluttering around, it might catch your interest because it's so beautiful and fascinating to watch.

But did you know that "interest" can also mean something else? It can mean the extra money that you earn or pay when you borrow money or keep it in the bank. Imagine you lend your friend $10, and they promise to give you back $12 in a month. That extra $2 they're giving you is the interest you earned on your money. On the other hand, if you borrow money from someone, you might need to pay back more than you borrowed, and that extra money is called interest too.

Think of it this way, when you lend someone money, it's like planting a little seed. And over time, that seed grows into a bigger plant with more money (the interest) on top. But when you borrow money, it's like asking that plant to lend you some of its leaves (the interest), which you need to give back eventually.

So, "interest" can mean something that catches our attention or makes us curious, and it can also mean the extra money we earn or pay when we borrow or lend money. It's like a word that has two meanings, just like how you can have a favorite color, but you can also have a favorite book.

Revised and Fact checked by Michael Johnson on 2023-10-29 03:55:18

Interest In a sentece

Learn how to use Interest inside a sentece

  • Sam loves animals and spends hours watching nature documentaries. His interest in wildlife is very strong.
  • Emily enjoys painting and spends her free time creating beautiful artworks. Her interest in art is evident.
  • Jason likes to read books about space and dreams of becoming an astronaut one day. His interest in astronomy is undeniable.
  • Sara likes to solve puzzles and brain teasers in her spare time. Her interest in problem-solving is apparent.
  • Mark enjoys playing the guitar and practices every day to improve his skills. His interest in music is unmistakable.