Abstinence Theory Of Interest

Business, Legal & Accounting Glossary

Definition: Abstinence Theory Of Interest




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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Abstinence Theory Of Interest. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/abstinence-theory-of-interest/ (accessed: September 23, 2021).
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Abstinence Theory Of Interest. PayrollHeaven.com. Retrieved September 23, 2021, 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 | 4 Views.