used todescribealoanwhere you onlypayback theamountborrowed:Consumers tookadvantageofno-interestfinancingandboughtmore newcarsthan in any othermonthinhistory.(Definition ofno-interestfrom theCambridge Business English Dictionary? Cambridge University Press)
Examplesofno-interest
no-interestPartner families are able to purchase their homes at no-profit,no-interestmortage loans or other innovative financing options.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.In addition, a low orno-interestcomputer purchase program will relieve qualifying low-income residents of some of the financial stress of purchasing a new computer.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.The interest rate for regular purchases is 19.9%, and any personal purchase over $299 qualifies for 6 months ofno-interestand no payments.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Ano-interestgovernment loan was secured in 2003 and the demolition process began in early 2006.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Houses are sold to families without profit, andno-interestmortgages are issued over a fixed period.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Homeowners would have access to incentives to develop small-scale renewables such as low- orno-interest loans to finance the capital cost of renewable energy generating facilities like solar panels.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.Fall was ultimately convicted in 1931 of accepting bribes and illegalno-interestpersonal loans in exchange for the leasing of public oil fields to business associates.FromWikipediaThis example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.#https://dictionary.cambridge.org//dictionary/english/no-interest##
