SIMPLE INTEREST


Meaning of SIMPLE INTEREST in English

ˌsimple ˈinterest BrE AmE noun [uncountable]

↑ interest that is calculated on the sum of money that you first ↑ invest ed , and does not include the interest it has already earned

⇨ ↑ compound interest

Longman Dictionary of Contemporary English.      Longman - Словарь современного английского языка.