Definition of Simple Interest in English :

Define Simple Interest in English

Simple Interest meaning in English

Meaning of Simple Interest in English

Pronunciation of Simple Interest in English

Simple Interest pronunciation in English

Pronounce Simple Interest in English

Simple Interest

see synonyms of simple interest

Noun

1. simple interest

interest paid on the principal alone

WordNet Lexical Database for English. Princeton University. 2010.


Simple Interest

see synonyms of simple interest
noun
interest calculated or paid on the principal alone
Compare compound interest

Collins English Dictionary. Copyright © HarperCollins Publishers


Simple Interest

see synonyms of simple interest
interest computed on principal alone, and not on principal plus interest
see also compound interest

Webster’s New World College Dictionary, 4th Edition. Copyright © 2010 by Houghton Mifflin Harcourt. All rights reserved.


Simple Interest

see synonyms of simple interest
n.
Interest paid only on the original principal, not on the interest accrued.

The American Heritage ® Dictionary of the English Language, Fifth Edition copyright ©2018 by Houghton Mifflin Harcourt Publishing Company. All rights reserved.