gross interest

USAGE SUMMARY

The phrase "gross interest" is correct and usable in written English.
It is typically used in financial contexts to refer to the total interest earned or paid before any deductions, such as taxes or fees. Example: "The bank offers a savings account with a gross interest rate of 2.5% per annum."

✓ Grammatically correct

News & Media

Academia

Science

Human-verified examples from authoritative sources

Exact Expressions

18 human-written examples

So I believe, in a tacit way, the gross interest wanted Arafat to stay in power.

The New York Times

We include net rather than gross interest for non-financial firms.

The Economist

But ask to sign a R85 form so that they receive gross interest without any tax deduction.

Independent

Customers can deposit between £25 and £250 a month into this linked account, and someone paying in £250 for 12 months would earn gross interest of around £96.

The Guardian - Money

This means that if you save £250 on the first of each month for the full 12 months, you will earn £98 gross interest.

The Guardian - Money

In addition, customers who credit their account with at least £1,000 a month will be able to earn 6% gross interest on credit balances for one year.

The Guardian - Money

Human-verified similar examples from authoritative sources

Similar Expressions

42 human-written examples

Income includes salary, taxable benefits-in-kind such as a company car, net-rental income, and gross-interest income.

BBC

Credit card gross profit (interest income less interest cost) was $4 billion in the second quarter.

Forbes

Jones aims to get gross annual interest of 10% on loans to nonprofits.

Forbes

So, let's be conservative and say that we gross 2.5% interest on our $3.3 trillion of assets.

Forbes

The optimizing household can also purchase nominal government bonds (B_{t}^{o}), which pay a gross nominal interest rate (R_{t}).

SERIEs

Expert writing Tips

Best practice

When discussing financial products, clarify whether you are referring to "gross interest" or "net interest" (after deductions) to avoid confusion.

Common error

Avoid using "gross interest" interchangeably with "net interest". "Gross interest" is the amount before any deductions, while "net interest" is what you actually receive after taxes and fees.

Linguistic Context

The phrase "gross interest" functions as a noun phrase, typically used as a subject or object in a sentence. Ludwig examples show it describing a specific financial quantity or rate, such as savings accounts or credit balances. Ludwig AI confirms its correctness and usability.

Expression frequency: Common

Frequent in

News & Media

60%

Academia

20%

Science

10%

Less common in

Formal & Business

5%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

In summary, "gross interest" is a common and grammatically correct term referring to the total interest earned or paid before any deductions. As Ludwig AI points out, it's essential in financial contexts to differentiate it from "net interest". The phrase is primarily used in news, academic, and scientific domains. To ensure clarity, always specify whether you are referring to "gross interest" or "net interest" to avoid misunderstandings. Remember to use it correctly in your writings!

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

total interest earned

Focuses on the total amount earned before any deductions.

interest before tax

Highlights that the interest amount is pre-tax.

pre-tax interest

Another way to specify that the interest is before taxes.

interest before deductions

Emphasizes that the interest is calculated prior to any deductions or fees.

nominal interest

Refers to the stated interest rate without adjusting for inflation or fees.

stated interest rate

Highlights the advertised interest rate.

coupon rate

Used specifically for bonds, referring to the annual interest payment.

yield before tax

Similar to interest before tax, but focuses on the yield or return.

overall interest income

Focuses on the income aspect of the interest earned.

unadjusted interest

Indicates that the interest amount has not been modified for any factors.

FAQs

What does "gross interest" mean in finance?

"Gross interest" refers to the total amount of interest earned on an investment or savings account before any deductions for taxes, fees, or other expenses. It represents the raw, unadjusted interest amount.

How does "gross interest" differ from "net interest"?

"Gross interest" is the total interest earned before any deductions, while "net interest" is the amount remaining after deductions like taxes and fees. Always check which one is being quoted.

How is "gross interest" taxed?

The taxation of "gross interest" depends on the specific tax laws of the country and the type of investment. Generally, "gross interest" is subject to income tax, but there may be exceptions or tax-advantaged accounts.

What's a simple way to calculate "gross interest" on a savings account?

To calculate "gross interest", multiply the principal amount by the interest rate and the time period. For example, a $1,000 deposit at a 5% annual interest rate would earn $50 in "gross interest" after one year.