interest on

USAGE SUMMARY

The phrase "interest on" is correct and can be used in written English.
You can use it when describing how much interest is due to or received from something, typically money. For example: "The bank is charging me 5% interest on my loan."

✓ Grammatically correct

News & Media

Science

Encyclopedias

Human-verified examples from authoritative sources

Exact Expressions

58 human-written examples

"We have ended our interest on that one," Evans said.

BBC

It's interest on reserves!

The New York Times

The margin represents interest on the loan.

The New York Times

Interest on loans is today generally admitted.

Encyclopedia Britannica

You pay interest on the interest on the interest.

The Guardian

That ignited new interest on Wall Street.

The New York Times

Banks get 0.25% interest on the deposits.

The Guardian - Business

We have to pay interest on it.

The New York Times

You pay interest on the interest.

The Guardian

Advanced Medical disclosed its interest on Thursday.

The New York Times

Paying Interest On Escrow Accounts Q.

The New York Times

Expert writing Tips

Best practice

When discussing financial obligations, clarify the principal amount to which the "interest on" is applied for better understanding.

Common error

Avoid using "interest on" when you mean "interest in", which expresses curiosity or enthusiasm. "Interest on" refers specifically to financial charges or returns, while "interest in" relates to a subject or activity.

Linguistic Context

The phrase "interest on" functions primarily as a prepositional phrase that modifies a noun, typically referring to a sum of money or a financial instrument. As Ludwig AI states, it indicates a charge or payment associated with borrowing or lending money. The Ludwig examples show it in contexts related to loans, savings, and debt.

Expression frequency: Very common

Frequent in

News & Media

61%

Science

22%

Formal & Business

6%

Less common in

Encyclopedias

3%

Wiki

3%

Reference

2%

Ludwig's WRAP-UP

The phrase "interest on" is a common and grammatically correct prepositional phrase primarily used in financial contexts, as stated by Ludwig AI. It describes the rate or amount of interest charged or earned on a sum of money. As Ludwig examples show, it appears frequently in news articles, financial reports, and academic papers, indicating its broad applicability and understanding. While commonly used, it's important to differentiate "interest on" (related to finance) from "interest in" (related to curiosity or enthusiasm). Alternatives like "return on" or "finance charges for" can provide nuanced variations in meaning. When writing about finance, clarity on the principal amount and the type of interest (simple or compound) is key.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

return on

Focuses on the yield or profit gained from an investment rather than the charge for borrowing.

accrued interest for

Highlights the interest that has accumulated over a period, emphasizing the growth aspect.

interest accrued to

Focuses on the accumulation of interest from the perspective of the recipient.

finance charges for

Emphasizes the cost associated with financing, particularly in credit or loan scenarios.

cost of borrowing

Directly refers to the expense incurred when taking out a loan or credit.

charges on

A broader term indicating fees or costs applied to an account or service.

yield from

Emphasizes the income or profit generated by an investment or asset.

earnings from

Highlights the gains or profits derived from a financial activity.

dividend on

Specific to returns on stocks or shares, indicating a distribution of profits.

premium for

Often refers to an additional cost or charge, sometimes in the context of insurance or investments.

FAQs

How is "interest on" used in a sentence?

The phrase "interest on" typically refers to the cost of borrowing money or the return on an investment. For example: "The bank charges 5% "interest on" the loan" or "Retirees are earning near-zero "interest on" their savings".

What's a common mistake when using "interest on"?

A common mistake is to confuse "interest on" with "interest in". "Interest on" relates to financial matters, while "interest in" indicates curiosity or enthusiasm. Ensure you're using the correct preposition to convey your intended meaning.

Are there alternatives to using "interest on"?

Yes, depending on the context, you can use alternatives such as "return on", "finance charges for", or "charges on" to convey a similar meaning.

What does "interest on interest" mean?

"Interest on interest" refers to compound interest, where you earn interest not only on the principal amount but also on the accumulated interest from previous periods. This results in faster growth of savings or debt.