simple interest

Word family adjectiveinterestedinterestinginterest-freeadverbinterestedlyinterestinglynouninterestednessinterestingnessinterest groupinterest rateinterest

Related topics: Loans

ˌsimple ˈinterest noun [uncountableU]

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 interest• She argued that BofA underpaid because it used only simple interest in refunding the overcharged fees.

From Longman Business Dictionary

simple interestˌsimple ˈinterest [uncountableU]FINANCE

interest calculated only on the PRINCIPAL (=the original amount invested), not on any accrued interest

I charged him 5% simple interest on the principal per week.

→ interest

单词	simple interest
释义	simple interest Word family adjectiveinterestedinterestinginterest-freeadverbinterestedlyinterestinglynouninterestednessinterestingnessinterest groupinterest rateinterest Related topics: Loans ˌsimple ˈinterest noun [uncountableU] 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 interest• She argued that BofA underpaid because it used only simple interest in refunding the overcharged fees. From Longman Business Dictionary simple interestˌsimple ˈinterest [uncountableU]FINANCE interest calculated only on the PRINCIPAL (=the original amount invested), not on any accrued interest I charged him 5% simple interest on the principal per week. → interest
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