This essay focuses on an amount above repayment . Rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs. When the revenue earned exceeds the total costs

an amount above repayment

I got waitlisted for Fordham Law School. I would like a letter of continued interest for Fordham law school that expresses:

1. Gratefulness for being on the waitlist and still in the running / not reject

2. Expression of continued interest & how Fordham is my number one choice. I would attend should I be offered a spot.  3. Why I want to study law at Fordham, (mention specific aspects of Fordham law such as mock trial & pro bono legal clinic). Also be sure to mention how I specifically want to study law at Fordham because it is close to home because I’m from NJ, and a Jesuit law school,. As I am formerly Jesuit educated (highschool) & college (Boston College).

In finance and economics, is payment from a borrower or deposit-taking financial institution .

A lender or depositor of an amount above repayment of the principal sum at a particular rate. It is distinct from a fee which the borrower may pay the lender or some third party. It is also distinct from dividend which is paid by a company to its shareholders (owners) from its profit or reserve. But not at a particular rate decided beforehand. Rather on a pro rata basis as a share in the reward gained by risk taking entrepreneurs. When the revenue earned exceeds the total costs.

For example, a customer would usually pay interest to borrow from a bank.

So they pay the bank an amount which is more than the amount they borrowed. Or a customer may earn interest on their savings. And so they may withdraw more than they originally deposite. In the case of savings, the customer is the lender, and the bank plays the role of the borrower.

Interest differs from profit, in that interest is received by a lender, whereas profit is received by the owner of an asset, investment or enterprise. (Interest may be part or the whole of the profit on an investment, but the two concepts are distinct from each other from an accounting perspective.)