English Lexicon

Basic interest

/ˈbeɪ.sɪk ˈɪn.trəst/
nounCEFR B2 (Upper)Top #4500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The fundamental or standard rate of return on capital or loans before any adjustments or bonuses are applied.

    "The central bank decided to lower the basic interest rate to stimulate economic growth."
  2. 2

    A foundational curiosity or stake in a fundamental matter.

    "Every citizen has a basic interest in maintaining public safety and order."

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Antonyms & Contrasting Words (1)

Linguistic Origin & Historical Etymology

Derived from the combination of 'basic', originating from the Greek 'basis' meaning pedestal or foundation via Latin, and 'interest', derived from the Latin 'inter-esse' meaning to be between or concern. In modern financial and economic contexts, it denotes the fundamental return or rate established as a baseline.

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