Construct · 4 fields · 5 citations
One name. Different field. Different construct. One map.
● jingle · one word, four constructs Nearest construct by meaningvaluationcompare the meaningsEvery construct on the map is compared with every other by the meaning of its definitions, and the closest one is surfaced here. The nearest construct to interest is valuation.
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In economics and finance, interest is the price paid for the use of money over time: a borrower pays interest to a lender, and a lender earns interest for parting with funds, with the amount set by an interest rate applied to the principal over a period. Fisher's 1930 The Theory of Interest explained the rate as the outcome of impatience to spend income now and the opportunity to invest it for more later, and distinguished simple from compound growth. The referent here is a rate or a monetary charge, a number attached to a loan, and it has nothing to do with a felt emotion, a right the law protects, or a stake in a political fight.[1]
In psychology, interest is a positive emotion and motivational state that focuses attention on something novel, complex, or puzzling and drives a person to explore, learn, and stay engaged. Silvia's 2005 What Is Interesting? Exploring the Appraisal Structure of Interest modelled it as arising from two appraisals: that an object is new and hard to grasp, and that one can nonetheless cope with it and make progress. The referent is a feeling that pushes exploration and learning, measured in people, and it is not a price on a loan, a claim recognised by a court, or a stake driving political action.[2]
In law, an interest is a right, claim, title, or stake in property or in a matter that the legal system recognises and will protect, from an interest in land to the standing required to bring a case. Pound's 1943 A Survey of Social Interests catalogued the claims and demands that a legal order secures, and Hohfeld's 1913 Some Fundamental Legal Conceptions as Applied in Judicial Reasoning analysed the precise entitlements, a right, a privilege, a power, or an immunity, that such an interest can consist of. The referent is a protected legal position, tested by whether a court will enforce it, and it is unlike a rate on a loan, an emotion in a person, or a political motive.[3][4]
In political science, an interest is a stake a person or group holds in a political outcome, the thing at issue that motivates them to act, organise, or press demands, as when interest groups lobby on behalf of what their members want. Balbus's 1971 The Concept of Interest in Pluralist and Marxian Analysis examined the contested question of whether interests are simply what people say they want or something more objective set by their position in society. The referent is a political stake behind action, individual or collective, and it differs from a rate charged on money, a felt emotion, or a title the law will defend.[5]
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