Dictionary Workbench Ondict

simple interest

Dictionary entry view. Switch to definition mode above when you know the meaning but not the word.

simple interest

Longman Dictionary of Contemporary English 5++朗文当代英语 5++LDOCE 5++朗文 5++
Related topics: Loans
ˌsimple ˈinterest noun [uncountable]  BFLinterest that is calculated on the sum of money that you first invested, and does not include the interest it has already earned 单利 compound interest
Examples from the Corpus
simple interestShe argued that BofA underpaid because it used only simple interest in refunding the overcharged fees.
From Longman Business Dictionarysimple interestˌsimple ˈinterest [uncountable]FINANCE interest calculated only on the PRINCIPAL (=the original amount invested), not on any accrued interestI charged him 5% simple interest on the principal per week. interest
ˌsimple ˈinterest nounChineseSyllable
of sum interest that the calculated Business that is Corpus on money


simple interest
ˌsimple ˈinterest noun [uncountable]
interest that is calculated on the sum of money that you first invested, and does not include the interest it has already earned
compound interest


simple interestBrE /ˌsɪmpl ˈɪntrəst/ 🔊NAmE /ˌsɪmpl ˈɪntrəst/ 🔊BrE /ˌsɪmpl ˈɪntrest/ 🔊NAmE /ˌsɪmpl ˈɪntrest/ 🔊 noun [uncountable] (finance 金融) interest that is paid only on the original amount of money that you invested, and not on any interest that it has earned 单利   compare compound interest