die Zinsbindungszeit
Translation
fixed-interest period, interest rate lock period
Examples
Die Zinsbindungszeit für den Kredit beträgt zehn Jahre.
The fixed-interest period for the loan is ten years.
Grammar Patterns
((a/the)) fixed-interest period (a period with a fixed interest rate) We chose a fixed-interest period of 15 years.
Similar Words
Sollzinsbindung (debit interest fixation period), Festzinsperiode (fixed-interest period)
Etymology
A compound word from Zins (interest) + Bindung (binding/fixing) + Zeit (time/period).
Memory Tips
Think of the 'time' (Zeit) during which the 'interest' (Zins) is 'bound' or fixed (Bindung).