What is the meaning of simple interest?

noun

  • Interest paid on the principal alone. .
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). simple interest. Retrieved September 22, 2026, from http://smartdefine.org/simple_interest/definitions/1325395
ChicagoWordNet. 2010. "simple interest" http://smartdefine.org/simple_interest/definitions/1325395 (accessed September 22, 2026).
HarvardWordNet 2010, simple interest, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/simple_interest/definitions/1325395>.
MLAWordNet. "simple interest" 23 October 2010. Web. 22 September 2026. <http://smartdefine.org/simple_interest/definitions/1325395>
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