Guthabenzins

credit interest

noun GOOT-hah-ben-tsins Rare

Also means

interest paid on deposits

Usage Note

Guthabenzins is the interest rate a bank pays on positive account balances (Guthaben). In periods of low or negative interest rates, German savers complain bitterly that their Guthabenzins has disappeared entirely.

Examples

"Der Guthabenzins auf dem Tagesgeldkonto beträgt derzeit nur 0,1 Prozent."

Natural Translation

The credit interest on the overnight money account is currently only 0.1 percent.

Literal Translation

The credit-interest on the overnight-money-account amounts currently only 0.1 percent.

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