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词汇 simple-interest
释义 simple interest
noun[ U ]
uk /ˌsɪm.pəl ˈɪn.trest/ us /ˌsɪm.pəl ˈɪn.trɪst/
money that is paid only on an original amount of money that has been borrowed or invested, and not on the extra money that the original amount earns单利
Compare
compoundadjectivespecialized
SMART Vocabulary: related words and phrases

Interest & capital
annualized
APR
bank rate
base rate
capital intensive
coffer
compound
concessional
finance
interest rate
interest-bearing
lending rate
money
non-derivative
Premium Bond
reserve
sinking fund
stock
the purse stringsidiom
working capital

simple interest | Business English


simple interest
noun[ U ]
 FINANCEukus
interest that is calculated only on the amount of money invested or borrowed and not on the interest that has already been added to it:
If you borrow $1,000 at 12% per annum simple interest without paying back any capital, the interest is $120 at the end of each and every year.
Compare
compound interest

Examples of simple interest


simple interest
In reality, most countries use simpleinterest rules.
Simpleinterest is paid on the principal alone.
Small difference for one year, perhaps, but after 20 years, the account at simpleinterest is worth $200, while at compound interest $265.
There was more to this than a simpleinterest in the personal freedom of the individual, however.
If that is simpleinterest, the total becomes £84 million and, if compounded, £124 million.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It would not be fair to reckon this simpleinterest for the purpose of reckoning the rate of interest on the loan itself.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
We propose that the tribunal shall be able to award compound interest and simpleinterest at rates other than the judgment debt rate.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
Is it progressive, or is it done at simpleinterest?
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
You borrowed at simpleinterest and reinvested at compound interest.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
I begin by declaring a simpleinterest—the share of the bill that my constituents pick up, which is £1,600,000 a year.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
At present a tribunal has the power only to award simpleinterest.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
It would have to issue a signed document stating in simpleinterest per annum the amount of obligation incurred.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
We are asking, in the name of natural justice, that simpleinterest shall be payable from the point of dismissal.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
The reason is that it assumes that the value increases at a simpleinterest rate, and not at a compound interest rate.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
They in fact came down in favour of simpleinterest against compound interest.
From the
Hansard archive

Example from the Hansard archive. Contains Parliamentary information licensed under the Open Parliament Licence v3.0
See all examples of simple interest
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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