Definition of interest-free in English:


adjective & adverb

  • With no interest charged on money that has been borrowed.

    as adjective ‘interest-free credit’
    as adverb ‘he lent the money interest-free’
    • ‘I got it on interest-free credit, and paid it off £50 a month for six months.’
    • ‘Most credit card providers will offer up to 56 days interest-free credit on purchases.’
    • ‘It is concerned that customers fail to understand that any credit is only interest-free if the bill is paid in full at the end of the month.’
    • ‘Her problem was made worse over a mix-up at the bank over what constituted a year's interest-free credit.’
    • ‘Students are also being urged to check the costs of exceeding their interest-free overdraft limit because charges can be steep.’
    • ‘The first priority for every student should be to find an account that offers an interest-free overdraft and charges no fees.’
    • ‘However, with a 0% card, you can enjoy up to a year's interest-free credit on new spending.’
    • ‘If you need to borrow money for six months or less, you can do it interest-free with a credit card.’
    • ‘After that it can be switched onto an interest-free refinancing loan, which gives three years free borrowing in total.’
    • ‘Cash hidden for years is being offered by criminals in interest-free loans in a bid to launder money quickly.’
    • ‘When buying goods, be wary of interest-free deals, because the cost of the credit is built into the price of the item.’
    • ‘The bank did offer a compromise of a three-month interest-free period to help her pay back the money.’
    • ‘This interest-free breathing space is a great opportunity to throw money at your debt and kill it off faster.’
    • ‘Fees will be covered by an interest-free loan, repayable once a graduate's annual income passes £15,000.’
    • ‘The maximum number of interest-free days will also drop from 56 to 46.’
    • ‘It is also gives interest-free loans to the poorest of the poor.’
    • ‘Most bank packages have an interest-free overdraft element.’
    • ‘Customers were also given an interest-free overdraft until August.’
    • ‘Otherwise you are simply giving your bank an interest-free loan.’
    • ‘There are more than 30 cards that offer interest-free periods of six months.’