low-interest

Thân thiện

A family signs a low-interest loan to buy their first home.

Definition

1. Adjective:
   • (Finance) Having or charging a relatively small percentage rate on borrowed money: Used primarily to describe loans, credit, or financial products where the cost of borrowing, expressed as an interest rate, is comparatively small or favorable to the borrower.

Usage Examples

• Adjective:
  • The government is offering low-interest loans to small businesses to stimulate the economy.
  • She managed to consolidate her debt with a low-interest credit card.
  • First-time home buyers are searching for low-interest mortgages.

Advanced Usage

• "low-interest environment": A period in an economy where prevailing interest rates across various financial products are generally low.
  • The central bank's policies have created a low-interest environment for the past decade.

Variants and Related Words

• Low-rate (adj): Similar in meaning, often used interchangeably in financial contexts.
  • They secured a low-rate mortgage.
• Interest-free (adj): Charging no interest at all, which is distinct from "low-interest."
  • The store provided an interest-free financing option for 12 months.

Synonyms

• Favorable-rate: Offering advantageous terms.
• Cheap (informal, in context of credit/loans): Inexpensive to service.

Antonyms

• High-interest: Charging a relatively large percentage of the amount borrowed.
  • Beware of high-interest payday loans.

Học thuật

Adjective

1. (used of loans) charging a relatively small percentage of the amount borrowed