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Simple interest   /sˈɪmpəl ˈɪntrəst/   Listen
Simple interest

noun
1.
Interest paid on the principal alone.





WordNet 3.0 © 2010 Princeton University


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"Simple interest" Quotes from Famous Books



... from Mr. Elphinstone on Nazarre. It appears to be a fine on descents, &c., of Jaghire lands. I think his opinion will be different from Sir J. Malcolm's—the latter wishing to make the Jaghires hereditary, or rather to give a fee simple interest to the actual proprietor. Mr. Elphinstone, on the contrary, thinking they should be resumed on death ...
— A Political Diary 1828-1830, Volume II • Edward Law (Lord Ellenborough)


Words linked to "Simple interest" :   interest


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