Sentence examples for payment of interest from inspiring English sources

"payment of interest" is a correct and commonly used phrase in written English.
It refers to the act of paying the agreed upon amount of money for borrowing money, usually at a specified rate, from a lender. It can be used in various contexts, such as in financial documents, loan agreements, or discussions about investments. Example: The payment of interest on the loan must be made monthly, in accordance with the terms agreed upon in the contract.

Exact(59)

§ 1030.7 Payment of interest.

Islamic law prohibits the payment of interest.

§ 246.6 Collection of assessments; payment of interest.

According to the Taliban, Koranic law prohibits the payment of interest.

They paid cash, because Islam forbids payment of interest in most cases.

Debt instruments without a maturity date, requiring merely the payment of interest, are often called consols.

Such transactions normally include the payment of interest to the lender.

It eventually returned it, but without apology or the payment of interest for this unauthorised loan.

Financial markets are particularly concerned about the payment of interest on the federal debt.

Many home equity lines require only the payment of interest for the first 10 years.

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But non-payment of interest is technically a default.There is also a signalling problem.

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