Definition of noninterest
: not of, resulting from, or being interest (as on a loan or an investment)
- noninterest income
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Recent Examples of noninterest from the Web
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Wells Fargo said noninterest expense rose 3% from a year earlier to $14.2 billion in the quarter.
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Under pressure to clean up their shadow-banking activities, banks have reined in a key profit engine, noninterest income.
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The bank said noninterest expenses declined 14% year-over-year to €5.7 billion.
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Last year, the bank disclosed a new cost-cutting goal to lower annual noninterest expenses to about $53 billion by the end of 2018, compared with roughly $56.3 billion over the previous 12 months.
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In addition, last July the bank unveiled a new cost-cutting goal to reduce annual noninterest expenses to roughly $53 billion by the end of 2018, compared with about $56.3 billion over the previous 12 months.
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Net interest income increased 4.2% to 4.2 billion Canadian dollars while noninterest income climbed 11% to C$6.11 billion.
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The figure compares noninterest expense to net income.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'noninterest.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of noninterest
1914
First Known Use of noninterest
1896
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