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simple interest

sim·ple in·ter·est
S s

Transcription

    • US Pronunciation
    • US IPA
    • [sim-puh l in-ter-ist, -trist]
    • /ˈsɪm pəl ˈɪn tər ɪst, -trɪst/
    • US Pronunciation
    • US IPA
    • [sim-puh l in-ter-ist, -trist]
    • /ˈsɪm pəl ˈɪn tər ɪst, -trɪst/

Definitions of simple interest words

  • noun simple interest interest payable only on the principal; interest that is not compounded. 1
  • noun simple interest sum payable on an investment 1
  • uncountable noun simple interest 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. 0
  • noun simple interest interest calculated or paid on the principal alone 0
  • noun simple interest interest computed on principal alone, and not on principal plus interest 0
See all 5 definitions of simple interest

Information block about the term

Origin of simple interest

First appearance:

before 1790
One of the 43% newest English words
First recorded in 1790-1800

Historical Comparancy

Parts of speech for Simple interest

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Full grammatical hierarchy of Simple interest

simple interest popularity

A pretty common term. Usually people know it’s meaning, but prefer to use a more spread out synonym. About 32% of English native speakers know the meaning and use word.
According to our data about 65% of words is more used. This is a rare but used term. It occurs in the pages of specialized literature and in the speech of educated people.

simple interest usage trend in Literature

This diagram is provided by Google Ngram Viewer

See also

Matching words

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