simple interest


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Related to simple interest: compound interest

simple interest

n.
Interest paid only on the original principal, not on the interest accrued.

simple interest

n
(Banking & Finance) interest calculated or paid on the principal alone. Compare compound interest

sim′ple in′terest


n.
interest payable only on the principal and not compounded.
[1790–1800]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.simple interest - interest paid on the principal alone
interest - a fixed charge for borrowing money; usually a percentage of the amount borrowed; "how much interest do you pay on your mortgage?"
Translations

simple interest

n (Fin) → interesse m semplice
References in periodicals archive ?
The project consists of a single property improved with a commercial building and a residential building from which the City will acquire the fee simple interest.
Real estate investment trust Chesapeake Lodging Trust (NYSE:CHSP) and Hyatt Hotels Corporation (NYSE:H) disclosed on Thursday that the trust has acquired the fee simple interest in the Hyatt Santa Barbara and two adjoining properties with a total of 200 rooms, for USD61.
Amritpal Singh Gill's fee simple interest in a city lot in Surrey to Ms.
At the last repo held on Friday, the central bank has sold TRY5bn at an average simple interest rate of seven percent.
Mr Holly said: "This has been a festering sore as simple interest does not give an adequate measure of the commercial cost to a business of not having the money involved available to use.
Michaels announced that Carlton has arranged the approximate $500 million sale of the fee simple interests on two Manhattan trophies, the Lipstick Building and 292 Madison Avenue.
This is called simple interest and many bank loans work like this.
simple interest on a daily method, compound interest, etc.
Assume an equity club holds the fee simple interest in the real property (i.
The collateral securing the notes consists of simple interest retail installment sales contracts secured by new and used automobiles, light duty trucks, and vans, to subprime borrowers.
Judge Prinsloo encountered that the farmers were overcharged interest on their agricultural loan accounts instead of simple interest by the Land Bank.
The average simple interest rate was seven percent, while the average compound rate was 7.

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