The phrase "avoid interest" is correct and usable in written English.
It can be used in contexts where you want to express the idea of steering clear of engaging with or focusing on a particular topic or subject matter.
Example: "In order to maintain a neutral stance, it is important to avoid interest in controversial issues during the discussion."
Alternatives: "steer clear of interest" or "refrain from interest".
The letter invited Roger to send the money in right away to avoid interest and penalties.
The amnesty program lets taxpayers who pay before Nov. 17 avoid interest and penalties, which double after the deadline.
The loans will be available for the last eight days of each month, and must be repaid by 11.59pm on the eighth day to avoid interest charges.
"But it requires a different mindset, because we have to avoid interest," says Aftab Siddiqui of iHilal (UK), a venture capital organisation pioneering Muslim-friendly investments.
A spokesperson for Shop Direct, which owns Very, says: "Our BNPL options, at terms of six, nine or 12 months, allow customers to budget by making payments of any amount at any time to suit them, and avoid interest by paying the full cash price of the item before the end of the BNPL period.
The family had already paid all the inheritance tax due in order to avoid interest charges (if it's not paid within six months of the end of the month in which the individual died, you start to rack up interest), but they didn't have to wait long to get the money back.
Beyond its most visible practical achievement--the establishment of Islamic banks meant to avoid interest--it has promoted Islamic norms of economic behavior and founded redistribution systems modeled after early Islamic fiscal practices.
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The employer pays nothing and the employee avoids interest payments and late fees.
The couple smartly avoided interest from the start by joining a Brazilian-style buying club, a peculiarly Brazilian solution.
There are obvious uses to which this can be put: paying off student loans early, thus avoiding interest, investing in buy-to-let property, or high-return financial products.
