default interest
BrE: /dɪˈfɔːlt ˈɪntrəst/
Definition Synonyms

Definition of default interest - Reverso English Dictionary

Noun

financeTECH.extra interest charged on a loan after missed or late paymentsTECH.
  • The lender began charging default interest after the third missed installment.
attest bear witness

Adjective

legalTECH.describing interest charged when a borrower fails to pay on timeTECH.
  • The loan agreement includes a higher default interest rate.
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Expressions with default

by defaultadv.
automatically without active choice or intervention
The computer starts in safe mode by default.
in defaultadv.
failing to fulfill an obligation
He was sued for being in default on his loan payments.
payment defaultn.
failure to pay money owed by the agreed or required time
The lender reported a payment default after three missed mortgage installments.
win by defaultv.
become the winner because the other side cannot compete
She will win by default if he doesn't show up.
default languagen.
language someone normally uses when speaking or writing unless requested otherwise
English is her default language when emailing international clients.
default onv.
fail to pay a debt or loan
He defaulted on his student loans.

Expressions with interest

spark interestv.
cause someone to become interested
The teacher's story sparked interest in history.
catch one's interestv.
attract someone's attention or curiosity
The colorful ad caught my interest immediately.
in someone's best interestadj.
beneficial or advantageous for someone
This decision is in your best interest.
in someone's interestadj.
beneficial or helpful for a particular person or group
This decision is in your interest.
in the interest ofprep.
to achieve or further a particular goal
In the interest of safety, please follow the guidelines.
glimmer of interestn.
small sign of curiosity or attention
She showed a glimmer of interest in the new project.
interest at heartexp.
care about someone's well-being or success
She always has her children's interest at heart.
person of interestn.
someone important or noteworthy in a situation
She became a person of interest at the conference.
pique someone's interestv.
stimulate someone's attention or interest
The new exhibit piqued her interest in art history.
returned with interestadj.
given back with added value or intensity
Her kindness was returned with interest by the community.

Terms related to default interest

💡 Terms in the same lexical field: analogies, antonyms, common collocates, words with same roots, hypernyms…
defaulterdisinterestinterestedinterestinginterestinglyuninterestedconfirmcorroboratedemonstrateevidenceprovesubstantiate

Examples of default interest in a sentence

  • He disputed the bank’s calculation of default interest in court.
  • Any overdue amount will accrue default interest automatically.
  • The contract specifies how default interest is calculated after a missed payment.

View all translations of default interest

✨Click below to see the appropriate translations facing each meaning.
  1. French:intérêts de retard, de retard, ...
  2. German:Verzugszinsen, verzugsbedingt, ...
  3. Italian:interessi di mora, di mora, ...
  4. Spanish:intereses de demora, moratorio, ...
  5. Portuguese:juros de mora, de mora, ...
  6. Chinese:违约利息, 罚息, ...
  7. Japanese:遅延利息, 遅延利息の, ...
  8. Arabic:فَائِدَة تَأْخِيرِيَّة, تَخَلُّفِيّ, ...
  9. Hebrew:רִיבִּית פִּגּוּרִים, פִּגּוּרִים, ...
  10. Russian:проценты по просрочке, штрафной, ...
  11. Ukrainian:відсотки за прострочення, штрафний, ...
  12. Hindi:डिफ़ॉल्ट ब्याज, अपरिविष्टि-ब्याज, ...

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