Abstinence Theory Of Interest

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Definition: Abstinence Theory Of Interest

Abstinence Theory Of Interest
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Full Definition of Abstinence Theory Of Interest

Abstinence Theory of Interest asserts that the money used for lending purposes is the money not used for consumption – which means, earning interest by abstaining from spending makes the funds possible and available for borrowers.

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https://payrollheaven.com/define/abstinence-theory-of-interest/
Modern Language Association (MLA):
Abstinence Theory Of Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
May 18, 2024 https://payrollheaven.com/define/abstinence-theory-of-interest/.
Chicago Manual of Style (CMS):
Abstinence Theory Of Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/abstinence-theory-of-interest/ (accessed: May 18, 2024).
American Psychological Association (APA):
Abstinence Theory Of Interest. PayrollHeaven.com. Retrieved May 18, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/abstinence-theory-of-interest/

Definition Sources

Definitions for Abstinence Theory Of Interest are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 1st April, 2020 | 0 Views.