Simple English definitions for legal terms
Read a random definition: Testamentary power of appointment
Term: INTERESSE
Definition: Interest is a word that means two things. First, it can mean money that you earn when you lend someone money or put your money in a bank. Second, it can mean that you have a right to own or use something, like a house or a car.
Interesse
Interesse (in-tər-es-ee) is a Latin term that refers to:
The examples illustrate the two meanings of interesse. In the first example, John has to pay back more than he borrowed because of the interest charged by his friend. In the second example, Mary has a legal right over the land she inherited and can use it to make money.