Definition of "interest-free" []

• Not charging interest; not subject to interest payments. (adjective)

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• "Shana Novick, executive director of the Hebrew Free Loan Society of New York, explains that "Jewish tradition translated this biblical injunction into a powerful imperative: Help your neighbor in need and create lasting impact without embarrassment, through an interest-free loan.""
• "In our difficult economic times, interest-free loans may be more important than ever."
• "In recent years, microfinance—which is sometimes interest-free and more often not—has shown that small loans can empower people from Bangladesh to New York."