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Habenzins

credit interest, interest on deposits

noun HAH-ben-tsins Rare
Numbers & Measures Money

Usage Note

Habenzins = interest paid by a bank to the account holder on a positive balance. Contrasts with Sollzins (debit interest on loans). A standard banking term.

Examples

"Der Habenzins auf dem Tagesgeldkonto beträgt derzeit 3,5 Prozent."

Natural Translation

The credit interest on the instant-access savings account is currently 3.5 percent.

Literal Translation

The credit-interest on the daily-money-account amounts-to currently 3.5 percent.

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