SIMPLE INTEREST

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does simple interest mean? 

• SIMPLE INTEREST (noun)
  The noun SIMPLE INTEREST has 1 sense:

1. interest paid on the principal alone

  Familiarity information: SIMPLE INTEREST used as a noun is very rare.

 Dictionary entry details 

• SIMPLE INTEREST (noun)

Sense 1

Meaning:

Interest paid on the principal alone

Classified under:

Nouns denoting possession and transfer of possession

Hypernyms ("simple interest" is a kind of...):

interest (a fixed charge for borrowing money; usually a percentage of the amount borrowed)