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simple interest

Definitions

from The American Heritage® Dictionary of the English Language, 4th Edition

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

from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. interest paid only on the principal.

from the GNU version of the Collaborative International Dictionary of English

  • n. interest on the principal sum without interest on overdue interest.
  • adj. See under Interest.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. interest paid on the principal alone

Etymologies

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Examples

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