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has been paid interest vs has been paid an interest

Both phrases are correct, but they are used in different contexts. 'Has been paid interest' is used when referring to the interest that has been paid on a loan or investment. On the other hand, 'has been paid an interest' is used when referring to a specific amount or type of interest that has been paid to someone.

Last updated: March 21, 2024 • 989 views

This phrase is correct and commonly used when referring to the interest that has been paid on a loan or investment.

"has been paid interest"

This phrase is used to indicate that interest has been paid on a loan or investment. It does not require the article 'an' before 'interest'.

Examples:

  • The borrower has been paid interest on the loan.
  • Investors have been paid interest on their investments.
  • Interest will be charged on unpaid principal until the full amount of principal has been paid. Interest under this Note will accrue daily, on the basis of a 365-day ...
  • Interest is payable from the day after the reimbursement is due until the date the reimbursement has been paid. Interest is payable at the prescribed interest rate ...
  • ... with it, or which has been agreed to be paid thereon,' and interest which has been 'paid.' Interest included in a renewal note, or evidenced by a separate note,  ...
  • ... be refunded to the customer upon final discontinuance of service and after all indebtedness of the customer to the company has been paid. Interest, at the rate  ...

Alternatives:

  • has received interest
  • has earned interest
  • has accrued interest
  • has been paid dividends
  • has been paid returns

This phrase is correct and commonly used when referring to a specific amount or type of interest that has been paid to someone.

"has been paid an interest"

This phrase is used when referring to a specific amount or type of interest that has been paid to someone. It requires the article 'an' before 'interest'.

Examples:

  • She has been paid an interest of 5% on her savings account.
  • The bank has been paid an interest of $100,000 on the loan.
  • capital has been paid an interest of 4%. The earnings are calculated as the remaining profit plus paid salary divided by the total number of working hours.
  • capital has been paid an interest of 4%. The earnings are calculated as the remaining profit plus paid salary divided by the total number of working hours.

Alternatives:

  • has been paid a dividend
  • has been paid a return
  • has received an interest payment
  • has earned an interest
  • has accrued an interest

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