Lat. In the civil law. To introduce or insert among or between others; to introduce a day or month into the calendar; to intercalate. Dig. 50, 16, 98, pr. … [Read more...]
INTEREST FOR MONEY
contracts. The compensation which is paid by the borrower to the lender or b the debtor to the creditor for its use. 2. It is proposed to consider, 1. Who is bound to pay interest. 2. Who is entitled to receive it. 3. On what claim it is allowed. 4. What interest is allowed. 5. How it is computed. 6. When it will be barred. 7. Rate of interest in the different states. … [Read more...]
INTERCEDERE
Lat. In the civil law. To become bound for another's debt … [Read more...]
INTEREST RATE
The percentage that is stated as the interest due on a loan or on commercial paper. … [Read more...]
INTERCEPT
To interfere or take something on its way and prior to it reaching its destination. … [Read more...]