Gross Interest
Price paid for the use of capital which includes the sum to cover the risk involved and a sum to cover costs incurred in making the loan.
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Putting Pimco Into Plain English
Why should you care about Pimco? We translate what the influential Bill Gross recently said into understandable concepts that could potentially help the economy and your portfolio....
10/23/2008 1:00:00 PM
NPR Topics: Business
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