Economics A-Level
Interest
What Interest means in Economics A-Level, as defined for AQA.
Definition of Interest
Check what you remember
Read the wording for your board, then hide it and explain Interest in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: AQA
A regular payment on borrowed funds that is a legal obligation, unlike dividends.
Topics that use Interest
- The structure of financial markets and financial (AQA A-Level)
Related terms
- Broad money
- Coupon
- Equity
- Equity finance
- Exchange rates
- Financial intermediation
- Financial markets
- Investment
Using Interest in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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