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What is a fee charged for using money is called?
intrest?
What does a bank charge you when you borrow money from it?
When you borrow money from a bank, you are charged interest. interest is a fee for the use of someone else's mony and is usually a percentage of the amount of money borrowed. It is charged and paid each month, week, or day on the amount of borrowed money that has not yet been repaid.
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.
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 a fee charged for using money is called?
intrest?
What does a bank charge you when you borrow money from it?
When you borrow money from a bank, you are charged interest. interest is a fee for the use of someone else's mony and is usually a percentage of the amount of money borrowed. It is charged and paid each month, week, or day on the amount of borrowed money that has not yet been repaid.
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
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 are fees and disadvantages to borrow from my 401k?
It all depends on the terms of your 401k. Typically there is no fee to borrow from it if you put it back in the time that you agree to. If you do not put the money back in time, there will be major fee and you could even be tax 50% on what you didnt put it.
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 is it called when the money we pay for the privlege of borrowing money?
The money we pay for the privilege of borrowing money is called "interest." It is typically expressed as a percentage of the loan amount and is charged by lenders as a fee for the service of providing funds. Interest can vary based on factors such as creditworthiness and the type of loan.
What term is defined as fee charged for the use of money?
It is interest payable, usually on agreed terms.
