Define: Interest
What does "Interest" mean? The meaning differs based on the contract. We found 4 definitions across 4 companies in SEC filings.
Definition 1 (EXPAND ENERGY Corp, seen in 1 filing)
Interest means any equity interest, partnership interest, membership interest, or other similar interest.
Source: EXPAND ENERGY Corp 10-K
Definition 2 (BlackRock, Inc., seen in 1 filing)
Interest means the partnership interest of a Partner in the Partnership at any particular time, including the right of such Partner to any and all benefits to which such Partner may be entitled to under this Agreement, together with the obligations of such Partner to comply with all the terms and provisions of this Agreement with respect to which such Partner is required to comply.
Source: BlackRock, Inc. 10-K
Definition 3 (Tesla, Inc., seen in 1 filing)
Interest means the rate of 10% per annum but shall not exceed the maximum rate allowed by law.
Source: Tesla, Inc. S-1
Definition 4 (BROADRIDGE FINANCIAL SOLUTIONS, INC., seen in 1 filing)
Interest means the rate per annum equal to the Prime Rate (as published by the Bank of Canada) for the applicable period during which interest may be payable under this Agreement.
Source: BROADRIDGE FINANCIAL SOLUTIONS, INC. 10-Q
Data extracted from 4 SEC EDGAR filings across 4 companies. Source: Material contracts (Exhibit 10) filed under Regulation S-K.
This page presents definitions found in actual SEC filings for informational purposes. The specific definition appropriate for your contract may vary based on jurisdiction, industry, and specific circumstances. Consult with a qualified attorney for legal advice.