Abstinence theory


the theory that interest is payment for conserving current income.

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  • Abstinent

    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 […]

  • Abstr.

    . . abstract

  • 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.

  • Abstract art

    abstract art A trend in painting and sculpture in the twentieth century. Abstract art seeks to break away from traditional representation of physical objects. It explores the relationships of forms and colors, whereas more traditional art represents the world in recognizable images. Contemporary Examples What the Nazis did not care for was largely contemporary and […]


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