|
|
|
More "Rate of interest" Quotes from Famous Books
 ... of economic equality, even while he is sceptical of its attainment. He insists upon the economic value of high wages, though he somewhat belittles the importance of wealth in the achievement of happiness. Before Bentham, who on this point converted Adam Smith, he knew that the rate of interest depends upon the supply of and demand for loans. He insists that commerce demands a free government for its progress, pointing out, doubtless from his abundant French experience, that an absolute government gives to the commercial class ...
— Political Thought in England from Locke to Bentham • Harold J. Laski
... encouraged by the thought that they were toiling not for themselves, but to serve the needy, "for Jesus' sake." The collection resulted in obtaining nearly twenty thousand marks, to which has been added the loan of a larger sum at a small rate of interest, so that there is good prospect of soon obtaining a permanent home as the property of the ...
— Deaconesses in Europe - and their Lessons for America • Jane M. Bancroft
... they've decided to enlarge their board of directors, and add at least one 'rising young farmer' as he put it—And oh, Sylvia, he asked if I would allow my name to be proposed! Just think—after all the years when we couldn't get a cent from them at any rate of interest, to have that come! It's every bit ...
— The Old Gray Homestead • Frances Parkinson Keyes
... method. It is the value upon which the series of dividends will pay interest at a predetermined rate, in addition to paying to a sinking fund annual instalments which, safely invested each year at a low rate of interest (usually 4%), will repay the present value at the end of the ten years. In our hypothetical case, if an interest rate of 8% be taken, the present value of $1,000,000, to be received through ten years in ten equal instalments, is $612,000. In ...
— The Economic Aspect of Geology • C. K. Leith
... the Benevolent Society. In the neighbouring villages the inhabitants joined en masse. At the same time as this important society, Father Martin and his friends founded the Castrian Agricultural Fund, whose purpose was to make loans, at a low rate of interest, ...
— Caesar or Nothing • Pio Baroja Baroja
... subject to that ebb and flow, in accordance with the laws of trade, which attends the circulation of gold and silver coin everywhere. Supply follows demand, and a nation with a specie currency inevitably attracts the precious metals by outbidding other nations in the rate of interest it offers for them. Why, therefore, should we shut ourselves out from the advantages of this form of communion with the commercial world by postponing the resumption of specie payments a day longer than ...
— Lippincott's Magazine. Vol. XII, No. 33. December, 1873. • Various
... two meanings: currency, or the circulating medium; and capital seeking investment, especially investment on loan. In this last sense the word is used when the "money market" is spoken of, and when the "value of money" is said to be high or low, the rate of interest being meant. The consequence of this ambiguity is, that as soon as scarcity of money in the latter of these senses begins to be felt—as soon as there is difficulty of obtaining loans, and the rate of interest is ...
— A System Of Logic, Ratiocinative And Inductive • John Stuart Mill
... credited you with the colonial rate of interest—ten per cent.—as was only right, seeing that you had no security, and we had used the money in our business; and my friend, compound interest at ten per cent, is a great institution. It beats gold-mining, and is almost as profitable as being President of the Republic of Venezuela. How ...
— Mr. Fortescue • William Westall
Copyright © 2025 Diccionario ingles.com
|
|
|
