| / English Dictionary |
SIMPLE INTEREST
| Pronunciation (US): |  | (GB): | |
I. (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)
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