the theory that interest is payment for conserving current income.
forbearance from any indulgence of appetite, especially from the use of alcoholic beverages: total abstinence. any self-restraint, self-denial, or forbearance. Economics. the conserving of current income in order to build up capital or savings. the state of being without a drug, as alcohol or heroin, on which one is dependent. Contemporary Examples Participants were divided […]
. . abstract
thought of apart from concrete realities, specific objects, or actual instances: an abstract idea. expressing a quality or characteristic apart from any specific object or instance, as justice, poverty, and speed. theoretical; not applied or practical: abstract science. difficult to understand; abstruse: abstract speculations. Fine Arts. of or relating to the formal aspect of art, […]
- Abstract algebra
the branch of mathematics that deals with the extension of algebraic concepts usually associated with the real number system to other, more general systems.