Ransom
Bail or a Bond to appear
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.
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.
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Usually such money is called "taxes".
I believe that ransom is money being paid for the official release of a prisoner.(I am thinking in the middle ages they would give ransom for the exchange of the king if he was to be captured in war)
rent paid for the use of money is called what?
Interest
Philip II became a hostage in 1530 to secure his release from captivity in Spain, where he was held captive by rebels. The ransom for his release was paid by his father, Emperor Charles V, and Philip had to remain in captivity until the ransom was fully settled.
Award
Money paid by the looser in a war to the winner is often called "reparations"
An amount of money that is to be paid to suppliers in 10 days is called net 10.