net interest Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “net interest” in the English Dictionary

"net interest" in Business English

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net interestnoun [U]

uk   us   FINANCE, BANKING, TAX
the ​rate of ​interestearned by a ​bankaccount or an ​investment after ​tax has been ​paid: A ​saver now gets 3.22% ​netinterest on £2,500 in one of our ​accounts.
the difference between the ​interest received by a ​person or an ​organization from ​investments and the ​interest they ​pay for ​money they have ​borrowed: The bank's ​netprofitrose 4.2% in the six months ​ended June thanks to ​highernetinterestincome and ​lowercosts.
(Definition of net interest from the Cambridge Business English Dictionary © Cambridge University Press)
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“net interest” in Business English

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