Pitch Dictionary by pitch.dog
Recoupment, backend & participation · Specialist

Interest

ELI5

The cost charged for borrowing money over time.

Used in conversation

“We need to agree interest before anyone commits the cost.”

Pitch context

You may encounter “Interest” in rights, contracts, finance, distribution & labour conversations or materials.

Why it matters: Explains who controls, pays for, approves, exploits or bears risk around a project.

Caution

Meaning and consequences may change by contract, collective agreement, territory or law. This entry is orientation, not legal advice.

Sources & evidence · 8

Supporting source families. This entry is an editorial synthesis rather than a quotation from one canonical glossary.