simple-interest
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simple interest
noun
interest payable only on the principal; interest that is not compounded.
Origin:
1790–1800
1790–1800
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2013.
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Based on the Random House Dictionary, © Random House, Inc. 2013.
Cite This Source
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Link To simple-interest
Collins
World English Dictionary
| simple interest | |
| —n | |
| Compare compound interest interest calculated or paid on the principal alone | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
00:10
Simple-interest
is always a great word to know.
So is ninnyhammer. Does it mean:
| a children's mummer's parade, as on the Fourth of July, with prizes for the best costumes. |
| a fool or simpleton; ninny. |
American Heritage
Science Dictionary
| simple interest
Interest computed only on the original principal and not on the sum of the principal plus accrued interest. The amount of simple interest remains constant. Compare compound interest. |
The American Heritage® Science Dictionary
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
Cite This Source
Copyright © 2002. Published by Houghton Mifflin. All rights reserved.
Cite This Source
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