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The charge made for using another person's money is called interest. Interest is typically expressed as a percentage of the principal amount borrowed and is paid by the borrower to the lender as compensation for the use of the funds. It can be calculated as simple interest or compound interest, depending on the terms of the loan agreement.

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2mo ago

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Charge made after using another's money?

interest


Charge made for using another's money?

If you are talking about interest, that is a charge that a lender can add onto a borrower's principal amount in exchange for the borrower using the lender's money (aka a loan). If you are talking about a criminal charge, that would be either theft or fraud.


What is the charge made for using another's money?

The charge for illegally using other people's money is embezzlement. It refers to the theft or misappropriation of funds placed in one's trust.


What is a charge for using anothers money?

Theft, embezzlement.


What do own banks ATM mean?

Own Bank ATM means that the Bank owns the ATM. If you are a customer of this bank then there is (usually) no charge from withdrawing your own money from your account using this ATM. If the ATM were owned by another bank, you would most likely have to pay a charge to withdraw money from your bank's account.


Does Popmoney charge a fee for transferring money?

Yes, Popmoney may charge a fee for transferring money, depending on the specific terms and conditions of the service and the financial institution you are using.


What is it called with you can form a word using the letters of another word?

A word formed by using the letters of another word is called an anagram.


Does Answers.com charge money for using their services?

Nope, Answers.com is completely free for your enjoyment!


What is method to determine charge of an object?

One method is to use Coulomb's law, which states that the force between two charged objects is proportional to the product of their charges. By measuring the force between the object and a known charge using a sensitive device like an electroscope, the charge of the object can be calculated. Another method involves using an instrument called an electrometer, which can directly measure the charge on an object.


What accurately describes the process of currency exchange?

Money from one country is bought using money from another country.


An electric charge can be detected by an instrument called?

An electric charge can be detected by an instrument called an electroscope. It works by using the principles of electrostatics to determine the presence and type of charge on an object.


What is Kiribati's money called?

Kiribati is using Australian currency so money is in $ . But it is called "Mwane" in Kiribati language.