noninterest

adjective
non·​in·​ter·​est | \ˌnän-ˈin-t(ə-)rəst; -ˈin-tə-ˌrest, -ˌtrest;-ˈin-tərst\

Definition of noninterest 

(Entry 1 of 2)

: not of, resulting from, or being interest (as on a loan or an investment) noninterest income

noninterest

noun

Definition of noninterest (Entry 2 of 2)

: a lack of interest in something (such as a topic) He grew up with a noninterest in sports that still exists.— Mark Blaudschun

Examples of noninterest in a Sentence

Recent Examples on the Web: Adjective

Net interest income rose but noninterest income declined, and the company also had a large increase in its provision for loan losses, which climbed from $7.8 million to $41.9 million. Allison Prang, WSJ, "Arkansas Bank’s Shares Tank on Loan Losses," 19 Oct. 2018 That is expected to hit lending growth as well as noninterest income. Rachel Louise Ensign, WSJ, "Investors Look to Earnings to Snap Big-Bank Share Slump," 11 July 2018 Total revenue rose 12% to C$9.47 billion, boosted by a 21% increase in noninterest income. Allison Prang, WSJ, "TD Bank’s Profit Rises 17%," 24 May 2018 Wells Fargo said noninterest expense rose 3% from a year earlier to $14.2 billion in the quarter. Emily Glazer, WSJ, "Wells Fargo Results Disappoint as Regulatory Issues Persist," 13 Apr. 2018 Under pressure to clean up their shadow-banking activities, banks have reined in a key profit engine, noninterest income. Anjani Trivedi, WSJ, "China’s Big Banks Still Have a Credibility Gap," 5 Sep. 2017 The bank said noninterest expenses declined 14% year-over-year to €5.7 billion. Jenny Strasburg, WSJ, "Deutsche Bank Profit More Than Doubles Despite Trading Slump," 26 Oct. 2017 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. Deon Roberts, charlotteobserver, "More Bank of America layoffs hit Charlotte," 26 Sep. 2017 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. Deon Roberts, charlotteobserver, "Bank of America laying off more employees in Charlotte," 14 June 2017

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.

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First Known Use of noninterest

Adjective

1914, in the meaning defined above

Noun

1896, in the meaning defined above

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Last Updated

14 Nov 2018

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The first known use of noninterest was in 1896

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