Simple interest is interest that is calculated on an original sum of money and not also on interest which has previously been added to the sum. Compare compound interest . ( BUSINESS )
≠ compound interest
N-UNCOUNT
Simple interest is interest that is calculated on an original sum of money and not also on interest which has previously been added to the sum. Compare compound interest . ( BUSINESS )
≠ compound interest
N-UNCOUNT
Collins COBUILD Advanced Learner's English Dictionary. Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне. 2006