Dispozins

overdraft interest rate

noun DIS-po-tsins Rare

Usage Note

Dispozins is the interest rate charged when a current-account holder uses the Dispokredit (arranged overdraft). Rates are often high — 10–15% p.a. — making it an expensive form of short-term credit.

Examples

"Der Dispozins bei dieser Bank liegt bei zwölf Prozent."

Natural Translation

The overdraft interest rate at this bank is twelve percent.

Literal Translation

The overdraft-interest at this bank lies at twelve percent.

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