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pay on interest vs pay in interest

Both phrases are not commonly used in English. The correct preposition to use with 'pay' in relation to interest is 'pay interest on.' 'Pay on interest' and 'pay in interest' are not correct constructions.

Last updated: March 27, 2024 • 640 views

pay on interest

This phrase is not correct in English.

This phrase is not a standard or commonly used construction in English. The correct preposition to use with 'pay' in relation to interest is 'pay interest on.'

Show examples from the web [+]

We do pay interest on all deposits.
He says he'll pay the interest on time every month.
If they do not do this, they must pay interest on late payment at a rate of 8%.
Refusal to pay interest on a sum refunded
The standard model agreement between the Belgian Government and the beneficiary enterprise stipulates that the company will not under any circumstances have to pay interest on the amount advanced.
Then I'm afraid the Separatists will be unable to pay the interest on our loans.
It goes to pay the interest on the currency being produced by the fraudulent Federal Reserve Bank, a system that does not have to exist, at all.
No, it's to pay the interest on the mortgage over our family home.
If you pay the interests on time, we'll avoid any problems.
Nor must taking on new debt be seen exclusively as a burden on future generations who will have to pay the interest on it.
Therefore the Commission concludes that the measure constitutes a selective advantage in favour of PCT which is equal to the income tax which PCT would normally have to pay on the accrued interests until the commencement of operations of Pier III.
The reason is that the funds may be kept for an indefinite period and the issuer is allowed to pay interest on the funds received.
Where administrative delays resulted in traditional own resources being made available late Member States were or are being requested to make further investigations and to pay interest on the delays found.
Under the agreement between the Belgian Government and Techspace Aero, the company will not under any circumstances have to pay interest on the amount advanced.
Under the initial loan agreements, TV2 was to pay interest on the principal and was to repay the loans in full.
PRICEMAT Calculate the price per 100 currency units of face value of the security that pays interest on the maturity date.
The YIELDMAT function calculates the yield of the security that pays interest on the maturity date.
refusing to pay the attendant interest on arrears,
I was recently informed, for example, that in France it is not customary to pay victims interest on arrears in the case of road accidents where an amicable settlement is reached.
Generally speaking, it is the weakest Member States which suffer from having to pay a risk premium on interest rates.

Alternatives:

pay interest on

pay in interest

This phrase is not correct in English.

This phrase is not a standard or commonly used construction in English. The correct preposition to use with 'pay' in relation to interest is 'pay interest on.'

Show examples from the web [+]

And so is the almost $80 billion we will pay in interest this year on the national debt.
Mr President, I think we all agree how completely absurd it is that many of the world's poorest countries sometimes pay more in interest and for debt management than they receive in aid.
order the defendant to pay in addition interest of EUR 71,18 per day until the debt has been settled in full;
So far as we know, no other international organisation pays interest in cases of late payment.
Applying Community law, the national court must order the aid recipient to pay interest in respect of the period of unlawfulness.
I want the gods to pay an interest in me, and prepare the Bright Halls for my coming.
The appropriations covered by the work programme in annex may be used to pay default interest in accordance with Article 83 of Regulation (EC, Euratom) No 1605/2002.
The salami-slicing approach of not telling the people the truth, although you know that you will have to pay in your own interest, is just as damaging to confidence.
Should I pay interest... in peoples around the table sides?
They must pay interest thereon in the event of delays in crediting resources, as laid down in the Community legislation.
Should I pay interest in peoples around the table-sides?
Where an instalment of contributions payable under this Article is not paid by the deadline fixed by Article 38(1), the Member State concerned shall be required to pay interest in respect of the unpaid amount.
order the defendant to pay damages and interest in the sum of EUR 160184;
Since the Commission charges interest on overdue reimbursement of monies for projects which it deems unsatisfactorily completed, will it agree to pay interest in cases where companies are penalised by its late payments?
On expiry of the time limits laid down in Article 21(2), (3) and (5), the Member State concerned shall be obliged to pay interest in accordance with the following conditions:
Where an instalment of contributions payable under this Article is not paid by the concerned deadline fixed by paragraphs 2 to 5 of Article 57, the Member State concerned shall be required to pay interest in respect of the unpaid amount.
The Commission bases the present action essentially on two grounds, namely, first, the late entry of the own resources (in the accounting ledger) and, second, the refusal to pay default interest in respect of that late entry.
If countries do not pay off their debts, then we will all pay the price in higher interest rates and a weaker currency.
- order the defendant to pay damages and interest in compensation for both the applicant's professional loss (of an initial indicative amount of EUR 350000) and his non-material loss (in an amount left to the fair and just assessment of the Court);
We do pay interest on all deposits.

Alternatives:

pay interest on

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