"has been paid interest" vs "has been paid an interest"

Question

"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

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.

Alternatives:

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

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.

Alternatives:

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

Answer 1

has been paid interest

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

Answer 2

has been paid an interest

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 interest" vs "has been paid an interest"

has been paid interest

has been paid an interest

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