Tuesday, December 21, 2010

Today's words [Interest, Deposit]

> Interest
- The additional money that you are charged and must be pay back when you borrow meney
- The extra money that you pay back when you borrow money or that you receive when you invest money

> Deposit
- A sum of money that is paid by sb when they rent sth and that is returned to them if they do not lose or damage the thing they are renting.
- A sum of money that is given as the first part of a larger payment.
- A sum of money that is paid into a bank account.

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