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 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 Les Grands Buffets offers interest-free loans to help employees pay off debt, and workers participate in a profit-sharing agreement. Lauren Collins, The New Yorker, 1 Apr. 2024 Ikea shoppers have gotten used to dipping deeper into their pockets as the furniture giant offers them interest-free loans on everything from their Billy bookcase to their Malm bed. Ryan Hogg, Fortune Europe, 27 Mar. 2024 For those who don’t want to pay all at once, there is an interest-free five-payment plan can be had for as low as $56 per month. Jim Harrington, The Mercury News, 12 Mar. 2024 Another nearly $500 million cut would affect the Student Housing Revolving Loan Fund Program, which provides interest-free loans for affordable student and staff housing on college campuses. Jenavieve Hatch, Sacramento Bee, 6 Mar. 2024 Season ticket holders can pay in full by then or have a six-month, interest-free payment plan from March to August, with an initial payment due in March and automatic installments made on the first of each month thereafter. Alex Zietlow, Charlotte Observer, 27 Feb. 2024 Their data showed that for the latter group, BNPL functions more like interest-free loans, and users with good credit are more likely to use BNPL installment plans sparingly, especially for big purchases over $2,000. Dylan Sloan, Fortune, 14 Feb. 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 23 Apr. 2024.

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