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LSDefine

Simple English definitions for legal terms

rate of interest

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A quick definition of rate of interest:

Rate of interest: The rate at which you earn money for lending or borrowing money. It is the percentage of the amount of money borrowed or lent that is charged or earned over a period of time. For example, if you borrow $100 at a 5% interest rate, you will have to pay back $105 after a certain period of time.

A more thorough explanation:

Definition: The rate at which interest is charged or paid on a loan or investment.

Example: If you borrow $1000 from a bank at an interest rate of 5%, you will have to pay back $1050 at the end of the loan term.

Explanation: The example shows how the rate of interest affects the amount of money that needs to be paid back on a loan. In this case, the interest rate of 5% means that the borrower has to pay an additional $50 on top of the original loan amount of $1000.

rate-base value | rate of return

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14:33
okay I won’t
i want to go to the soda shop tho
okay the soda shops r bomb
NosyBeagle
14:55
never been to utah
NosyBeagle
14:55
too white for me ngl
NarrowFaithfulCougar
15:23
It's utahded over there. Lmfao.
this day is dragging asss
if every coffee shop was closed on the weekend here, i would die
what is life without my $7 latte
NosyBeagle
15:53
i forgo coffee on the days I wanna binge on the candy in my coworker's candy box. it would be too much sugar in one day
NosyBeagle
15:53
when i want coffee i get that shit FILLED with caramel
AngryMiniCar
16:21
Nth day practicing RC and I think I'm just really used to skimming and it's a very hard habit to break.
AngryMiniCar
16:21
:')
NosyBeagle
16:31
you can't skim. you skim you die
NosyBeagle
16:31
imagine ur nips exploding when you skim. you skim no nips
AngryMiniCar
16:32
I died 10 times today
AngryMiniCar
16:32
I have no nips left
AngryMiniCar
16:33
But yes I'll remember that every single time I try to skim from now on thank you lol
NosyBeagle
16:33
always here to help
@JupitersMoons: are you going to go to utah for law school?
i'm cutting sugar for a week because i have a wedding sunday and DAMN i want a kit kat so bad
well added sugar i guess
NosyBeagle
17:09
r u trying to fit into a dress? if so, mood
LMAOO REAL but no!!! i just don't wanna have any FAWKING BLOAT DAY OF
i'm a bridesmaid too
NosyBeagle
17:10
i feel that too
NosyBeagle
17:11
have fun
thank u beagle <3
i don't eat a lot of added sugar to begin with, but the occasional little treat is great for me
but not this week.....no little treat
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