Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

interest-free

 
 
adjective FINANCE

Definition

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?
(Definition of interest-free adjective from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of interest-free

More Results for “interest-free”

Word of the Day

demur

to express disagreement or refuse to do something

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More