Definition of Simple interest. Meaning of Simple interest. Synonyms of Simple interest

Here you will find one or more explanations in English for the word Simple interest. Also in the bottom left of the page several parts of wikipedia pages related to the word Simple interest and, of course, Simple interest synonyms and on the right images related to the word Simple interest.

Definition of Simple interest

Simple interest
2. Participation in advantage, profit, and responsibility; share; portion; part; as, an interest in a brewery; he has parted with his interest in the stocks. 3. Advantage, personal or general; good, regarded as a selfish benefit; profit; benefit. Divisions hinder the common interest and public good. --Sir W. Temple. When interest calls of all her sneaking train. --Pope. 4. Premium paid for the use of money, -- usually reckoned as a percentage; as, interest at five per cent per annum on ten thousand dollars. They have told their money, and let out Their coin upon large interest. --Shak. 5. Any excess of advantage over and above an exact equivalent for what is given or rendered. You shall have your desires with interest. --Shak. 6. The persons interested in any particular business or measure, taken collectively; as, the iron interest; the cotton interest. Compound interest, interest, not only on the original principal, but also on unpaid interest from the time it fell due. Simple interest, interest on the principal sum without interest on overdue interest.
Simple interest
12. (Min.) Homogenous. 13. (Zo["o]l.) Consisting of a single individual or zooid; as, a simple ascidian; -- opposed to compound. Simple contract (Law), any contract, whether verbal or written, which is not of record or under seal. --J. W. Smith. --Chitty. Simple equation (Alg.), an eqyation containing but one unknown quantity, and that quantity only in the first degree. Simple eye (Zo["o]l.), an eye having a single lens; -- opposed to compound eye. Simple interest. See under Interest. Simple larceny. (Law) See under Larceny. Simple obligation (Rom. Law), an obligation which does not depend for its execution upon any event provided for by the parties, or is not to become void on the happening of any such event. --Burrill. Syn: Single; uncompounded; unmingled; unmixed; mere; uncombined; elementary; plain; artless; sincere; harmless; undesigning; frank; open; unaffected; inartificial; unadorned; credulous; silly; foolish; shallow; unwise. Usage: Simple, Silly. One who is simple is sincere, unaffected, and inexperienced in duplicity, -- hence liable to be duped. A silly person is one who is ignorant or weak and also self-confident; hence, one who shows in speech and act a lack of good sense. Simplicity is incompatible with duplicity, artfulness, or vanity, while silliness is consistent with all three. Simplicity denotes lack of knowledge or of guile; silliness denotes want of judgment or right purpose, a defect of character as well as of education. I am a simple woman, much too weak To oppose your cunning. --Shak. He is the companion of the silliest people in their most silly pleasure; he is ready for every impertinent entertainment and diversion. --Law.

Meaning of Simple interest from wikipedia

- effect of compounding. Simple interest can be applied over a time period other than a year, for example, every month. Simple interest is calculated according...
- Compound interest is standard in finance and economics. Compound interest is contrasted with simple interest, where previously ac****ulated interest is not...
- ownership interest that can be held in real property. Allodial title is reserved to governments under a civil law structure. The rights of the fee-simple owner...
- years (or a fraction of year), and r stands for the per annum interest rate. Simple interest is rarely used, as compounding is considered more meaningful[citation...
- Simple Minds are a Scottish rock band formed in Glasgow in 1977. Simple Minds have released a string of hit singles, becoming best known internationally...
- in general: The nominal APR is the simple-interest rate (for a year). The effective APR is the fee+compound interest rate (calculated across a year). In...
- should not be confused with simple interest (as opposed to compound interest) which is not compounded. The effective interest rate is always calculated...
- Simple living encomp****es a number of different voluntary practices to simplify one's lifestyle. These may include, for example, reducing one's possessions...
- manufacturers). Corporations may develop simple or complex systems to mitigate the risk or perceived risk of a conflict of interest. These risks can be evaluated...
- exponential growth and are therefore used for compound interest as opposed to simple interest calculations. They can also be used for decay to obtain...
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