ALL meanings of simple interest
sim·ple in·ter·est
S s - 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