interest-free

idiom

: not requiring the borrower to pay any interest
an interest-free loan

Examples of interest-free in a Sentence

Recent Examples on the Web Those interest-free buy now, pay later plans have attracted interest – from regulators. Peter Green, Quartz, 26 May 2024 The city of Whittier not only pays a $20,000 bonus for lateral hires but also will provide officers a $50,000 interest-free loan for the purchase of a residence in the city of Whittier. Karen Kucher, San Diego Union-Tribune, 26 May 2024 Welcomed by shoppers as an interest-free way to make purchases, from clothing to travel, the loans let borrowers pay over time, usually in four installments over six weeks. Kate Gibson, CBS News, 22 May 2024 Like Buy Now, Pay Later loans, the apps don’t run credit checks and bill themselves as interest-free. Cora Lewis, Fortune, 3 May 2024 Los Gatos changes rules after warning Buyers don’t have to start repaying the interest-free loan for 30 years, or until the home is sold or the owner no longer wishes to live there. Ethan Varian, The Mercury News, 24 Apr. 2024 Because that falls short of a federal recommendation, the state would not qualify for interest-free federal loans to support those payments should the fund dry up. Jessie Opoien, Journal Sentinel, 17 Apr. 2024 Rather than demanding larger payments to cover the past-due amount, the agencies encouraged lenders to split off the past-due portion into a second, interest-free mortgage called a partial claim. Jon Healey, Los Angeles Times, 27 Mar. 2024 Much of that money eventually was refunded to donors, but as The New York Times pointed out, the cash essentially became an interest-free loan at a time when the Trump campaign was struggling. Michael Smolens, San Diego Union-Tribune, 27 Mar. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'interest-free.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near interest-free

Cite this Entry

“Interest-free.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/interest-free. Accessed 5 Jun. 2024.

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!