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Q: Money paid to compensate for the cost of war is called?
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I believe this is called "comp time" (compensated time)


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What is the money paid for the use of money called?

Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.


What is money paid for the use of money called?

Money that is paid for the use of money is called interest. When you keep your money in a bank savings account, the bank credits your account with interest.


Can wrongful death insurance settlement paid to surviving daughter be used to pay deceased fathers debt?

It can be used if the daughter wishes to do it. But she is not required to. The money was paid to her to compensate her for the loss of the father.


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rent paid for the use of money is called what?


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Cost of Debt: when company borrow funds from outside or take debt from financial institutions or other resources the interest paid on that amount is called cost of debt.Cost of Equity: Similarly when firm raise money from already shareholders by issuing more shares to them or shares to new share holders then the dividend (interest) paid to them is called cost of equity.