Definition of «additional interest»

The phrase "additional interest" refers to an extra amount of interest that is added to the original interest being paid on a loan or investment. It means that you will need to pay or receive more money on top of what was initially agreed upon.

Sentences with «additional interest»

  • Your landlord can be listed as additional interest on your policy. (effectivecoverage.com)
  • Make sure to list the landlord as additional interest on your renters insurance, not as additional insured. (effectivecoverage.com)
  • Just one missed payment on your credit report can decrease your credit score by 90 - to 110 - points and mean thousands in additional interest payments on new loans. (peerfinance101.com)
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