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RupeeTimes' financial glossary  A-F |  G-O |  P-V |  W-Z |  1-9 |  Search by category |     Category: Definitions   Goodwill Guarantee Guarantor for the loan Hedge Funds Hire purchase price Hirer Hypothecation Inflation Interest Introductory Rate Late Payment Charges Loan Agreement Manufacturing Account Margin Amount Market value Marketable title Maturity Monopoly Monthly Statement Mortgage Negotiable Instrument Net worth Non-performing Assets (NPA) Obligation of the borrower Option Overlimit fees Interest It is the amount banks charge for providing the loan amount. Interest rates can be fixed or floating depending on the bank or lending institution.