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What is a fee charged for using money is called?
intrest?
What do you call the fee charged for borrowing money?
Interest.
Moneylenders made loans and charged a fee called?
interest
Private roads built by companies who charged a fee for their use were called?
Actually. Toll Roads Were Built By Companies And They Charged Fee To Use The Roads.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
What is the fee for lending money called?
The fee for lending money can refer to each of these: 1. Points. This is a term often used in mortgage lending. 2. Interest. This is most used for the cost of an unpaid loan.
What is a fee charged for using money is called?
intrest?
What is a term that refer to the fee a lender charges the borrower for lending money?
The fee is known as charging interest.
What do you call the fee charged for borrowing money?
Interest.
Which term is defined as a fee charged for the use of money?
interest
The amount of money borrow is called the?
Principal is the amount of money you borrow. Interest is the fee charged by the lender (or bank) to use their money. The total amount of money you pay back is the principle + interest.
What is upgrade fee?
An upgrade fee is an amount of money that you are charged in order to increase the performance or value of something.
Moneylenders made loans and charged a fee called?
interest
What is a fee you are charged when you write a check and do not have enough money in your account to cover it?
You may be charged one of two fees: - An insufficient funds (NSF) fee, if you do not have overdraft protection - An overdraft protection (ODP) fee, if you have overdraft protection and money is transferred from your overdraft account to cover the check
Private roads built by companies who charged a fee for their use were called?
Actually. Toll Roads Were Built By Companies And They Charged Fee To Use The Roads.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
How do banks earn revenue by lending money?
All banks earn a revenue by lending money. Banks make profit and generate revenue by two ways:By charging you a fee for the services they provide youBy lending the money you have deposited into your account, to other loan customers and getting an interest on the same.Interest income is the highest revenue and profit generator for any bank.
