bank interest Meaning in the Cambridge English Dictionary

Meaning of “bank interest” in the English Dictionary

"bank interest" in Business English

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bank interestnoun [U]

interest that a ​bankpays to its ​customers on ​money in their ​accounts: You will have to ​paytaxes on any ​bankinterest you receive.
interestpaid on ​moneyborrowed from a ​bank: The recent ​rise in bankinterestrates makes it hard for ​smallbusinessowners to ​borrow the ​money they need.
(Definition of bank interest from the Cambridge Business English Dictionary © Cambridge University Press)
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“bank interest” in Business English

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