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  2. In banking, the term "earn" has the following meanings123:
    1. Interest that applies to the original deposit as well as any newly earned interest.
    2. To get money as profit or interest on money you lend, have in a bank, etc.
    3. Banks aim to earn a profit for their owners by lending money and earning interest on loans.
    Learn more:
    Interest that applies to the original deposit as well as any newly earned interest. For example, if you put $100 in an account that earns compound interest at 5% a year, in the next year you will earn 5% on $105. Non-compounding interest would continue to earn 5% on $100.
    www.nerdwallet.com/article/banking/banking-term…
    [transitive] to get money as profit or interest on money you lend, have in a bank, etc.
    www.oxfordlearnersdictionaries.com/definition/engli…
    The loan recipients spend the money they borrow, the bank earns interest on the loans, and the process keeps money moving through the system. Just like any other business, the goal of a bank is to earn a profit for its owners.
    www.investopedia.com/terms/b/bank.asp
     
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    WebNov 3, 2016 · For example, if you put $100 in an account that earns compound interest at 5% a year, in the next year you will earn 5% on $105. Non-compounding interest would continue to earn 5% on $100....

     
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      WebDefinition and examples. To earn means to receive money for work that you have done. In other words, to gain money for one’s labor. In most cases, we earn money, but it is also possible to receive something of …

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      WebJun 7, 2021 · When you’re earning interest on your deposit accounts, the bank or credit union is paying you. In exchange for those interest payments, the financial institution will put those funds to work by...

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