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Interest - Dictionary Definition and Overview |
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Interest : (noun)
1: a sense of concern with and curiosity about someone or
something; "an interest in music" [syn: involvement]
2: the power of attracting or holding one's interest (because
it is unusual or exciting etc.); "they said nothing of
great interest"; "primary colors can add interest to a
room" [syn: interestingness] [ant: uninterestingness]
3: a reason for wanting something done; "for your sake"; "died
for the sake of his country"; "in the interest of safety";
"in the common interest" [syn: sake]
4: a fixed charge for borrowing money; usually a percentage of
the amount borrowed; "how much interest do you pay on your
mortgage?"
5: a diversion that occupies one's time and thoughts (usually
pleasantly); "sailing is her favorite pastime"; "his main
pastime is gambling"; "he counts reading among his
interests"; "they criticized the boy for his limited
pursuits" [syn: pastime, pursuit]
6: (law) a right or legal share of something; a financial
involvement with something; "they have interests all over
the world"; "a stake in the company's future" [syn: stake]
7: (usually plural) a social group whose members control some
field of activity and who have common aims; "the iron
interests stepped up production" [syn: interest group]
(verb)
1: excite the curiosity of; engage the interest of [ant: bore]
2: be on the mind of; "I worry about the second Germanic
consonant" [syn: concern, occupy, worry]
3: be of importance or consequence; "This matters to me!" [syn:
matter to]
Based on WordNet 2.0
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Interest : \In"ter*est\, v. t. [imp. & p. p. Interested; p. pr.
& vb. n. Interesting.] [Based on interess'd, p. p. of the older
form interess, fr. F. int['e]resser, L. interesse. See
Interest, n.]
1. To engage the attention of; to awaken interest in; to
excite emotion or passion in, in behalf of a person or
thing; as, the subject did not interest him; to interest
one in charitable work.
To love our native country . . . to be interested in
its concerns is natural to all men. --Dryden.
A goddess who used to interest herself in marriages.
--Addison.
2. To be concerned with or engaged in; to affect; to concern;
to excite; -- often used impersonally. [Obs.]
Or rather, gracious sir, Create me to this glory,
since my cause Doth interest this fair quarrel.
--Ford.
3. To cause or permit to share. [Obs.]
The mystical communion of all faithful men is such
as maketh every one to be interested in those
precious blessings which any one of them receiveth
at God's hands. --Hooker.
Syn: To concern; excite; attract; entertain; engage; occupy;
hold.
Based on Webster's Revised Unabridged Dictionary
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Interest : \In"ter*est\, n. [OF. interest, F. int['e]r[^e]t, fr.
L. interest it interests, is of interest, fr. interesse to be
between, to be difference, to be importance; inter between _
esse to be; cf. LL. interesse usury. See Essence.]
1. Excitement of feeling, whether pleasant or painful,
accompanying special attention to some object; concern.
Note: Interest expresses mental excitement of various kinds
and degrees. It may be intellectual, or sympathetic and
emotional, or merely personal; as, an interest in
philosophical research; an interest in human suffering;
the interest which an avaricious man takes in money
getting.
So much interest have I in thy sorrow. --Shak.
Based on Webster's Revised Unabridged Dictionary
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INTEREST, estates. The right which a man has in a chattel real, and more
particularly in a future term. It is a word of less efficacy and extent than
estates, though, in legal understanding, anInterest : extends to estates,
rights and titles which a man has in or out of lands, so that by a grant of
his whole interest in land, a reversion as well as the fee simple shall
pass. Co. Litt. 345.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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INTEREST, contracts. The right of property which a man has in a thing,
commonly called insurable interest. It is not easy to give all accurate
definition of insurable interest. 1 Burr. 480; 1 Pet. R. 163; 12 Wend. 507
16 Wend. 385; 16 Pick. 397; 13 Mass. 61, 96; 3 Day, 108; 1 Wash. C. C. Rep.
409.
2. The policy of commerce and the various complicated. rights which
different persons may have in the same thing, require that not only those
who have an absolute property in ships and goods, but those also who have a
qualified property therein, may be at liberty to insure them. For example,
when a ship is mortgaged, after, the mortgage becomes absolute, the owner of
the legal estate has an insurable interest, and the mortgagor, on account of
his equity, has also an insurable interest. 2 T. R. 188 1 Burr. 489; 13
Mass. 96; 10 Pick. 40 and see 1 T. R. 745; Marsh. Ins. h. t.; 6 Meeson &
Welshy, 224.
3. A man may not only insure his own life for the benefit of his heirs
or creditors, and assign the benefit of this insurance to others having thus
or otherwise anInterest : in his life, but be may insure the life of another
in which he may be interested. Marsh. Ins. Index, h. t.; Park, Ins. Index,
h. t.; 1 Bell's Com. 629, 5th ed.; 9 East, R. 72. Vide Insurance.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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INTEREST, evidence. The benefit which a person has in the matter about to be
decided and which is in issue between the parties. By the term benefit is
here understood some pecuniary or other advantage, which if obtained, would
increase the, witness estate, or some loss, which would decrease it.
2. It is a general rule that a party who has anInterest : in the cause
cannot be a witness. It will be proper to consider this matter by taking a
brief view of the thing or subject in dispute, which is the object of the
interest; the quantity of interest; the quality of interest; when an
interested witness can be examined; when the interest must exist; how an
interested witness can be rendered competent.
3.-1. To be disqualified on the ground of interest, the witness must
gain or lose by the event of the cause, or the verdict must be lawful
evidence for or against him in another suit, or the record must be an
instrument of evidence for or against him. 3 John. Cas. 83; 1 Phil. Ev. 36;
Stark. Ev. pt. 4, p. 744. But an interest in the question does not
disqualify the witness. 1 Caines, 171; 4 John. 302; 5 John. 255; 1 Serg. &
R. 82, 36; 6 Binn. 266; 1 H. & M. 165, 168.
4.-2. The magnitude of the interest is altogether immaterial, even a
liability for the most trifling costs will be sufficient. 5 T. R. 174; 2
Vern. 317; 2 Greenl. 194; 11 John. 57.
5.-3. With regard to the quality, the interest must be legal, as
contradistinguished from mere prejudice or bias, arising from relationship,
friendship, or any of the numerous motives by which a witness may be
supposed to be influenced. Leach, 154; 2 St. Tr. 334, 891; 2 Hawk. ch. 46,
s. 25. It must be a present, certain, vested interest, and not uncertain and
contingent. Dougl. 134; 2 P. Wms. 287; 3 S. & R. 132; 4 Binn. 83; 2 Yeates,
200; 5 John. 256; 7 Mass. 25. And it must have been acquired without fraud.
3 Camp. 380; l M. & S. 9; 1 T. R. 37.
6.-4. To the general rule that interest renders a witness
incompetent, there are some exceptions. First. Although the witness may have
an interest, yet if his interest is equally strong on the other side, and no
more, the witness is reduced to a state of neutrality by an equipoise of
interest, and the objection to his testimony ceases. 7 T. R. 480, 481, n.; 1
Bibb, R. 298; 2 Mass. R. 108; 2 S. & R. 119; 6 Penn. St. Rep. 322.
7. Secondly. In some instances the law admits the testimony of one
interested, from the extreme necessity of the case; upon this ground the
servant of a tradesman is admitted to prove the delivery of goods and the
payment of money, without any release from the master. 4 T. R. 490; 2 Litt.
R. 27.
8.-5. The interest, to render the witness disqualified, must exist at
the time of his examination. A deposition made at a time when the witness
had no interest, may be read in evidence, although he has afterwards
acquired an interest. 1 Hoff. R. 21.
9.-6. The objection to incompetency on the ground of interest may be
removed by an extinguishment of that interest by means of a release,
executed either by the witness, when he would receive an advantage by his
testimony, or by those who have a claim upon him when his testimony would be
evidence of his liability. The objection may also be removed by payment.
Stark. Ev. pt. 4, p. 757. See Benth. Rationale of Jud. Ev. 628-692, where he
combats the established doctrines of the law, as to the exclusion on the
ground of interest; and Balance.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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INTEREST, MARITIME. By maritimeInterest : is understood the profit of money
lent on bottomry or respondentia, which is allowed to be greater than simple
interest because the capital of the lender is put in jeopardy. There is no
limit by law as to the amount which may be charged for maritime interest. It
is fixed generally by the agreement of the parties.
2. The French writers employ a variety of terms in order to distinguish
if according to the nature of the case. They call it interest, when it is
stipulated to be paid by the month, or at other stated periods. It is a
premium, when a gross sum is to be paid at the end of the voyage, and here
the risk is the principal object they have in view. When the sum is a per
centage on the money lent, they call it exchange, considering it in the
light of money lent at one place to be returned in another, with a
difference in amount between the sum borrowed and that which is paid,
arising from the difference of time and place. When they intend to combine
these various shades into one general denomination, they make use of the
term maritime profit, to convey their meaning. Hall on Mar. Loans, 56, n.
Based on Bouvier's Law Dictionary, Revised 6th Ed (1856) [Bouvier_Law_Dictionary]:
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Example Usage of Interest |
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girlinthecafe: @oo5 Law Abiding Citizen 2.5 Lost Interest pretty fast. Suffers from "but who is the bad guy really" syndrome, - results in liking no one. |
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dtfm_bitch: @DJ_CUT ohh man u str8 u sippin bangin screw blowing cigarillos...we have common Interest lol |
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FinanceUK: FT - BTA agrees $7.7bn debt and Interest write-off http://bit.ly/542KwH |
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