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Aqua towel 638 Posted 9 years ago
Grammar

Possible idiom

Hi everyone,

Can you help me to understand the underlined part of the following sentence?

"Once again his company’s funds were at a low ebb, and the tens of thousands of penny-a-head visitors hardly paid the interest on the government loan."

Is it an idiom?

Thank you.

  

Top answer

No, it is not an idiom, but a literal use of "paid" and "interest". g. 5% per year.

— GPY

  • No, it is not an idiom, but a literal use of "paid" and "interest".
  • g.
  • 5% per year.
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1 Answers
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No, it is not an idiom, but a literal use of "paid" and "interest". "interest" is the price you pay for borrowing money, over and above repaying the loan amount itself, usually expressed as a percentage, e.g. 5% per year.

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