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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Business Notes
Kentucky
Fasig-Tipton sale improves but figures still lag last year's
The gloom lifted slightly on the second day of Fasig-Tipton's fall yearling sale but the sale continued to be down substantially from last year's numbers. As of Tuesday, a total of 387 horses sold for a combined $5.32 million, with the gross down 49.8 percent from the end of the second day last year. The sale was expanded to three days this year and continues through Wednesday.
T... 10/22/2008 5:52:00 AM Kentucky.com: Business
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