tegwick
41773f1320
Add OpenAIAdapter for the OpenAI chat completions API (apikey-chatgpt.txt or OPENAI_API_KEY). Set default model to arcee-ai/trinity-large-preview:free for the infospace pipeline and increase max_tokens from 4096 to 8192. Reprocess chapter 05 with Trinity Large (was Gemini: 1 truncated entity, now 19 complete entities). Process chapters 06 (Aurora Alpha, 10 entities) and 07 (Trinity Large, 15 entities including regenerated violent-policy.md). Canonical set now at 85 unique entities. Add entity archive policy: entities are never silently deleted. Retired entities move to output/entities/archive/ with a dated reason header. New CLI option: --archive-entity <slug> --reason "...". The --list output shows the archive count alongside the canonical set. Co-Authored-By: Claude Opus 4.6 <noreply@anthropic.com>
20 lines
1.1 KiB
Markdown
20 lines
1.1 KiB
Markdown
# interest of money
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**Definition**
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Interest of money is the compensation paid by a borrower to a lender for the use of capital (money) over time. It is a derivative revenue that must be paid from profit, other income, or by incurring additional debt if profits are insufficient.
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**Source Chapter**
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*The Wealth of Nations*, Book 1, Chapter 6.
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**Context**
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Smith introduces interest when distinguishing revenue sources, stating that “the revenue derived from labour is called wages; that derived from stock … is called profit; that derived from it … is called the interest or the use of money.”
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**Economic Domain**
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Exchange
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**Smith’s Original Wording**
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> “The revenue derived from it … is called the interest or the use of money. It is the compensation which the borrower pays to the lender, for the profit which he has an opportunity of making by the use of the money.”
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**Modern Interpretation**
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Interest of money corresponds to the modern concept of the cost of capital or the return on lending, fundamental to financial markets, investment decisions, and the time value of money.
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