withdraw interest

USAGE SUMMARY

The phrase "withdraw interest" is correct and usable in written English.
It can be used in contexts where someone is indicating that they no longer wish to engage or participate in something, often related to financial matters or personal involvement. Example: "After careful consideration, I have decided to withdraw interest in the investment opportunity presented to me."

✓ Grammatically correct

News & Media

Wiki

Science

Human-verified similar examples from authoritative sources

Similar Expressions

58 human-written examples

But instead of a single payoff, the lenders would withdraw interest-only payments for months.

Huffington Post

An American consortium who were interested have decided to withdraw their interest.

BBC

News Corporation, before it was demerged into Fox and a newspaper business, bid for BSkyB but was forced to withdraw its interest amid the phone hacking scandal.

The Guardian - Business

His wages are also thought to be the issue that saw Arsenal withdraw their interest earlier this month, but Cesar's agent Josias Cardoso hopes the goalkeeper's future will soon be resolved.

Independent

Platini and his Uefa think-tank has invited president Sepp Blatter and his Fifa cohorts to ponder what they might make out of what is left behind were the Uefa associations to withdraw their interest and refuse to take part in the World Cup at all.

Independent

"Unfortunately, both companies have now decided to withdraw their interest in the light of recent developments in the SPL.

BBC

And even then, these communities can easily withdraw their interest at any point before construction begins in a best-case scenario, NDA hopes this will be in 2025, with the facility potentially ready to accept nuclear waste by 2040.

Science Magazine

Compound interest adds up quickly, and you may find that your account balance is large enough that you can afford to withdraw the interest each month as a source of income.

WikiHow

The Co-operative bank, which includes the old Britannia building society, recently became the latest lender to entirely withdraw its interest-only range.

The Guardian - Money

We invited 148 schools to participate, and 63 expressed an interest in taking part; three schools subsequently withdrew their interest.

British Medical Journal

Jermaine O'Neal withdrew his interest in San Antonio and Dallas.

The New York Times - Sports

Expert writing Tips

Best practice

When using "withdraw interest" in financial contexts, clearly specify the account or investment from which the interest is being withdrawn to avoid ambiguity. For instance, specify "withdraw interest from the savings account".

Common error

Avoid confusing "withdraw interest" with "draw interest". "Withdraw" implies taking something out that was already there, while "draw" suggests receiving or attracting interest. Using "draw" instead of "withdraw" can change the intended meaning.

Linguistic Context

The phrase "withdraw interest" functions as a verb phrase indicating the action of taking out previously accrued interest from a financial account or investment. As Ludwig AI states, the phrase is correct and usable in written English.

Expression frequency: Missing

Frequent in

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Formal & Business

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Ludwig's WRAP-UP

The phrase "withdraw interest" is used to describe the action of taking out previously accrued interest from a financial account or investment. Ludwig AI confirms that the phrase is correct and appropriate for use in written English. Although there are no direct examples to analyze, its function is clear in financial contexts, serving to describe the removal of earnings from an account. Alternative phrases like "forgo interest" or "relinquish interest" can be used depending on the specific nuance required. When using this phrase, it's important to specify which account is being referred to for clarity.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

forgo interest

Indicates a decision not to claim or receive interest that is due or available.

relinquish interest

Suggests a voluntary surrender of a claim to interest.

waive interest payments

Specifically refers to the act of intentionally giving up the right to receive interest payments.

cease interest accrual

Emphasizes the termination of the process by which interest accumulates.

terminate interest

Signifies bringing an end to an existing interest arrangement or claim.

rescind interest claim

Implies a formal withdrawal of a previously asserted right to interest.

disclaim interest

Denotes a formal refusal to accept interest.

reverse interest

Suggests cancelling out previously accrued interest.

decline interest

Means refusing to accept or take advantage of accruing interest.

end interest payments

Similar to ceasing payments, but with a firmer sense of finality.

FAQs

How can I use "withdraw interest" in a sentence?

You can use "withdraw interest" in sentences such as "I decided to withdraw the interest earned from my investment account" or "The company allowed shareholders to withdraw interest annually".

What does it mean to "withdraw interest" in a financial context?

In a financial context, "withdraw interest" refers to the action of taking out the accumulated interest from an account or investment. This means that the interest, which has been added to the principal, is now being removed and made available for use.

Are there alternative phrases to "withdraw interest" that I can use?

Yes, you can use alternatives like "forgo interest", "relinquish interest", or "waive interest payments" depending on the context.

What's the difference between "withdraw interest" and "earn interest"?

"Withdraw interest" means to take out previously accumulated interest from an account, while "earn interest" means to accumulate or gain interest on an investment or savings.