interest-free

interest-free ˌinterest-ˈfree adjective
if a loan is interest-free, the borrower does not pay interest on it:

• the World Bank's interest-free loan facility for poor countries

interest-free credit

* * *

Ⅰ.
interest-free UK US adjective FINANCE
used to describe a loan with no extra payment in the form of interest: »

The card offers 59 days' interest-free credit.

»

You are in effect getting an interest-free loan on 30% of your mortgage.

»

What happens when the interest-free period expires?

Ⅱ.
interest-free UK US adverb FINANCE
without having to pay interest on a loan: »

She lent them the money interest-free.


Financial and business terms. 2012.

Look at other dictionaries:

  • interest-free — interest freeˈ adjective and adverb With no interest charged on money borrowed • • • Main Entry: ↑interest * * * ˌinterest ˈfree [interest free] adjective with no interest charged on money borrowed • …   Useful english dictionary

  • interest-free — adj an interest free ↑loan has no interest charged on it ▪ interest free credit …   Dictionary of contemporary English

  • interest-free — adjective not charging you any interest on the money you borrow or the CREDIT you are given: interest free loans/credit ╾ ,interest free adverb …   Usage of the words and phrases in modern English

  • interest free — adverb Thesaurus: relating to borrowing money and owing moneyhyponym Main entry: interest free …   Useful english dictionary

  • interest-free — ADJ: usu ADJ n An interest free loan has no interest charged on it. He was offered a ₤10,000 interest free loan... Many stores are offering interest free credit. ADV: ADV after v Interest free is also an adverb. Customers allowed the banks to use …   English dictionary

  • interest-free — adjective an interest free loan 1 (1) has no interest charged on it: interest free credit …   Longman dictionary of contemporary English

  • interest-free — UK / US adjective not charging you any interest on the money you borrow or the credit you are given interest free loans/credit Derived word: interest free adverb …   English dictionary

  • interest-free — adj. Interest free is used with these nouns: ↑credit, ↑loan …   Collocations dictionary

  • interest free — See: interest free …   English dictionary

  • interest-free — /ˈɪntrəst fri/ (say intruhst free) adjective of loans which are made without any charging of interest …   Australian English dictionary

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