low-interest low-interest

Definition(s):

  • (adj) (used of loans) charging a relatively small percentage of the amount borrowed

Usage(s):

  1. It can be an outright subsidy, a grant, real estate, a low-interest loan or a government service.
  2. The first step in borrowing money for school is to max out on low-interest government programs such as federal Stafford loans.
  3. They obtained low-interest loans by colluding with or even strong-arming bankers, who were often afraid to ask for repayment.

News

  • READER SUBMITTED: Euphoria Event Solutions Awarded Funding From Connecticut Small Business Program

    Euphoria Event Solutions, a luxury and specialty tent provider based in Windsor, is the latest recipient of a low-interest loan and matching grant under the Connecticut Small Business Express Program, an initiative created specifically for businesses with fewer than 50 employees to promote job creation and encourage capital expansion. Euphoria crews travel nationwide to provide music festivals ...
    on July 7, 2013     Source: FOX CT Hartford

Word of the Day
tangible tangible
/ˈtæn dʒə bəl /