simple interest

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Related to simple interest: compound interest

simple interest

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

simple interest

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

sim′ple in′terest

interest payable only on the principal and not compounded.

[1790–1800]

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Noun

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

interesse semplice semplice

simple interest

n (Fin) → interesse m semplice

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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.

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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.

Chesapeake Lodging announces acquisition of fee simple interest in Hyatt Santa Barbara for USD61.0m

Amritpal Singh Gill's fee simple interest in a city lot in Surrey to Ms.

Finding nemo dat in the Land Title Act: a comment on Gill v. Bucholtz

At the last repo held on Friday, the central bank has sold TRY5bn at an average simple interest rate of seven percent.

Turkey central bank sells TRY3bn in repo auction

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.

Firms face lengthy battles to claw back interest on VAT refunds

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.

Carlton arranges Lipstick fee interest sale

This is called simple interest and many bank loans work like this.

Growing problem hits hard

simple interest on a daily method, compound interest, etc.

Interest on federal tax deficiencies and overpayments

Assume an equity club holds the fee simple interest in the real property (i.

Challenges in the appraisal of private golf clubs

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.

Fitch Issues Presale Report on HSBC Automotive Trust (USA) 2007-1

Judge Prinsloo encountered that the farmers were overcharged interest on their agricultural loan accounts instead of simple interest by the Land Bank.

SOUTH AFRICA : LAND BANK to repay R3.6 MILLION to FARMERS

The average simple interest rate was seven percent, while the average compound rate was 7.