to pay interest on
1cash-pay interest — See payment in kind (PIK) Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010 …
2interest-free — ˌinterest ˈfree adjective if a loan is interest free, the borrower does not pay interest on it: • the World Bank s interest free loan facility for poor countries • interest free credit * * * Ⅰ. interest free UK US adjective FINANCE ► …
3interest in advance — UK US noun [U] FINANCE ► interest relating to a particular period of a loan, calculated or paid at the beginning of the period: »If you pay interest in advance for a period that goes beyond the end of the tax year, payments will normally be… …
4interest-only — UK US adjective BANKING, FINANCE ► used to describe a loan for which you only have to pay interest, so that you are not paying back the money borrowed: »interest only mortgages …
5interest — the cost of borrowing money. Glossary of Business Terms What is paid to a lender for the use of his money and includes compensation to the lender for three factors: 1) Time value of money (lender s rate) the value of today s dollar is more than… …
6Interest — The price paid for borrowing money. It is expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption. Also, a share or title in property. The New York Times Financial… …
7pay — ▪ I. pay pay 1 [peɪ] noun [uncountable] the money someone receives for the job they do: • She got the job, but it meant a big pay cut. • an increase in hourly pay • All I want is a full day s work for a full day s pay …
8pay — /peɪ/ noun a salary or wages, money given to someone for regular work ♦ holiday with pay a holiday which an employee can take by contract and for which he or she is paid ■ verb1. to give money to buy an item or a service ● to pay £1,000 for a car …
9Interest-only loan — An interest only loan is a loan in which for a set term the borrower pays only the interest on the principal balance, with the principal balance unchanged. At the end of the interest only term the borrower may enter an interest only mortgage, pay …
10interest — {{Roman}}I.{{/Roman}} noun 1 desire to learn/hear more about sb/sth ADJECTIVE ▪ avid, close, considerable, consuming, deep, great, intense, keen, lively …