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Interest Rate
The percentage at which interest is paid by borrowers for the use of money that they borrow from a lender.
Profit
The financial gain that is realized when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.
Borrow
To receive something, especially money, from a person or financial institution with the agreement to return it, typically with interest, at a future date.
Gross Domestic Product (GDP)
The nation’s expenditure on all the goods and services produced in the country during the year at market prices; represented by GDP.
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