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Meaning of "simple interest" in the English dictionary

Dictionary
DICTIONARY
section

PRONUNCIATION OF SIMPLE INTEREST

simple interest play
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GRAMMATICAL CATEGORY OF SIMPLE INTEREST

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Simple interest is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES SIMPLE INTEREST MEAN IN ENGLISH?

simple interest

Interest

Interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. It is most commonly the price paid for the use of borrowed money, or money earned by deposited funds. When money is borrowed, interest is typically paid to the lender as a percentage of the principal, the amount owed to the lender. The percentage of the principal that is paid as a fee over a certain period of time is called the interest rate. A bank deposit will earn interest because the bank is paying for the use of the deposited funds. Assets that are sometimes lent with interest include money, shares, consumer goods through hire purchase, major assets such as aircraft, and even entire factories in finance lease arrangements. The interest is calculated upon the value of the assets in the same manner as upon money. Interest is compensation to the lender, for a) risk of principal loss, called credit risk; and b) forgoing other investments that could have been made with the loaned asset. These forgone investments are known as the opportunity cost. Instead of the lender using the assets directly, they are advanced to the borrower.

WORDS THAT BEGIN LIKE SIMPLE INTEREST

simple
simple division
simple equation
simple fraction
simple fracture
simple fruit
simple harmonic motion
simple machine
simple majority
simple microscope
simple ordering
simple pendulum
simple sentence
Simple Simon
simple tense
simple time
simple vows
simple-hearted
simple-minded
simple-mindedly

WORDS THAT END LIKE SIMPLE INTEREST

accrued interest
compound interest
controlling interest
declare an interest
disinterest
Everest
forest
high-interest
human interest
insurable interest
interest
life interest
merest
Mount Everest
noninterest
self-interest
Site of Special Scientific Interest
uninterest
unity of interest
utterest
vested interest

Synonyms and antonyms of simple interest in the English dictionary of synonyms

SYNONYMS

Translation of «simple interest» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF SIMPLE INTEREST

Find out the translation of simple interest to 25 languages with our English multilingual translator.
The translations of simple interest from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «simple interest» in English.

Translator English - Chinese

���利
1,325 millions of speakers

Translator English - Spanish

interés simple
570 millions of speakers

English

simple interest
510 millions of speakers

Translator English - Hindi

साधारण ब्याज
380 millions of speakers
ar

Translator English - Arabic

الفائدة البسيطة
280 millions of speakers

Translator English - Russian

простые проценты
278 millions of speakers

Translator English - Portuguese

juros simples
270 millions of speakers

Translator English - Bengali

সাধারন সুদ
260 millions of speakers

Translator English - French

intérêts simples
220 millions of speakers

Translator English - Malay

Minat yang mudah
190 millions of speakers

Translator English - German

einfache Zinsen
180 millions of speakers

Translator English - Japanese

単利
130 millions of speakers

Translator English - Korean

간단한 관심
85 millions of speakers

Translator English - Javanese

Kapentingan prasaja
85 millions of speakers
vi

Translator English - Vietnamese

quan tâm đơn giản
80 millions of speakers

Translator English - Tamil

எளிய ஆர்வம்
75 millions of speakers

Translator English - Marathi

साधा व्याज
75 millions of speakers

Translator English - Turkish

basit ilgi
70 millions of speakers

Translator English - Italian

interesse semplice
65 millions of speakers

Translator English - Polish

odsetki proste
50 millions of speakers

Translator English - Ukrainian

прості відсотки
40 millions of speakers

Translator English - Romanian

dobândă simplă
30 millions of speakers
el

Translator English - Greek

απλό ενδιαφέρον
15 millions of speakers
af

Translator English - Afrikaans

eenvoudige rente
14 millions of speakers
sv

Translator English - Swedish

enkel ränta
10 millions of speakers
no

Translator English - Norwegian

enkel rente
5 millions of speakers

Trends of use of simple interest

TRENDS

TENDENCIES OF USE OF THE TERM «SIMPLE INTEREST»

The term «simple interest» is regularly used and occupies the 105.099 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
51
/100
The map shown above gives the frequency of use of the term «simple interest» in the different countries.
Principal search tendencies and common uses of simple interest
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «simple interest».

FREQUENCY OF USE OF THE TERM «SIMPLE INTEREST» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «simple interest» during the past 500 years. Its implementation is based on analysing how often the term «simple interest» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about simple interest

EXAMPLES

10 ENGLISH BOOKS RELATING TO «SIMPLE INTEREST»

Discover the use of simple interest in the following bibliographical selection. Books relating to simple interest and brief extracts from same to provide context of its use in English literature.
1
Mathematical Applications for the Management, Life, and ...
to find the time required fora simple interest Mary Spaulding purchased some Wind-Gen electric stock for $6125.00. After 6 months, the stock had risen in value by $138.00 and had paid dividends totaling $144.14. one way to evaluate this ...
Ronald Harshbarger, James J. Reynolds, 2012
2
Contemporary Mathematics for Business and Consumers, Brief ...
10 SECTION I UNDERSTANDING AND COMPUTING SIMPLE INTEREST interest The price or rental fee charged by a lender to a borrower for the use of money. principal A sum of money, either invested or borrowed, on which interest is ...
Robert Brechner, 2011
3
Quicksmart Maths for Business and Finance
In Chapters 1 and 2 we examined in detail the concepts of simple interest and compound interest and discussed how to calculate various quantities that may need to be determined whenever a possible transaction involves either simple ...
J. Gosling, 1995
4
Fundamentals of Financial Management
If interest is not earned on interest, we have simple interest. The formula for FV with simple interest is FV 1⁄4 PV þ PV(I)(N); so in our example, FV would have been $100 þ $100(0.05)(3) 1⁄4 $100 þ $15 1⁄4 $115 based on simple interest.
Eugene F. Brigham, Joel F. Houston, 2009
5
STP Caribbean Mathematics
HK Miss Zeraschi pays $84.87 when she borrows a sum of money from the bank for 9 months at 12% p.a. simple interest. How much does she borrow? 11. The interest I receive on $1500 invested for a certain time would increase by $225 if ...
‎1997
6
Mathematical Interest Theory
Explain why all three of these statements cannot simultaneously be true. Give an example of an accumulation function such that facts (b) and (c) hold. (1.4) Simple interest (1) How much interest is earned in the fourth year if $1,000 is invested ...
Leslie Vaaler, James Daniel, 2009
7
Accounting Workbook For Dummies
The idea behind simple interest is that a certain amount of interest is paid or earned on a certain amount of money for a certain period of time, say one year. Suppose you put $1,000 in a savings account at the start of the year. At the end of the ...
John A. Tracy, 2011
8
Managerial Accounting: Tools for Business Decision Making
Simple interest is usually expressed as shown in Illustration A-1 (page A-2). study objective Distinguish between simple and ... Interest Principal p Rate i Time n For example, if you borrowed $5,000 for 2 years at a simple interest rate of 12% ...
Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, 2009
9
Algebra: Beginning and Intermediate
A university alumni association invested part of $20,000 in preferred stock that earns 8% annual simple interest and the remainder in a municipal bond that earns 7% annual simple interest. The amount of interest earned each year is $1520.
Richard Aufmann, Joanne Lockwood, 2012
10
The Mathematics Dictionary
DISCOUNT, adj., n. bank discount. A discount equal to the simple interest on the obligation; interest paid in advance on a note or other obligation (strictly speaking the interest is made part of the face of the note and paid when the note is paid).
R.C. James, 1992

10 NEWS ITEMS WHICH INCLUDE THE TERM «SIMPLE INTEREST»

Find out what the national and international press are talking about and how the term simple interest is used in the context of the following news items.
1
Getty Realty (GTY) Announces $214M Acquisition of 77 …
Getty Realty (NYSE: GTY) announced that it has acquired fee simple interests in 77 convenience store and retail motor fuel stations located in several high ... «StreetInsider.com, Jun 15»
2
Court of Appeal upholds Littlewoods' right to compound interest on …
Perhaps the court was alluding here to situations where the difference between simple interest and compound interest is not significant. However, this still needs ... «Out-Law.com, May 15»
3
Compounding success
Albert Einstein once called compound interest the “eighth wonder of the world”. ... But with simple interest, where the income is taken each month or year, the ... «The Week UK, Mar 15»
4
Simple Interest Explained
From time to time here at Auto Credit Express we handle questions from borrowers about their subprime simple interest car loans, so we thought we'd try to ... «Auto Credit Express, Dec 14»
5
This Is Exactly How Banks Determine Your Interest Rates
If you think interest rates don't really matter — think again. ... For example, if you're granted an auto loan using simple interest — more about this below — for a ... «Go Banking Rates, Oct 14»
6
DiamondRock Hospitality (DRH) Acquires Fee Simple Interest in …
DiamondRock Hospitality (NYSE: DRH) announced that it recently acquired the fee simple interest in a 106-room boutique hotel, The Inn at Key West ("Hotel") in ... «StreetInsider.com, Sep 14»
7
Do You Have a Simple Interest Mortgage?
"I recently discovered that the second mortgage I have had for 9 years was simple interest, which explains why I have made barely a dent in paying down the ... «Huffington Post, May 14»
8
Jack Guttentag, the "Mortgage Professor": Simple-interest loan has …
Q: I recently discovered that the second mortgage I have had for nine years was simple interest, which explains why I have made barely a dent in paying down ... «Sarasota Herald-Tribune, Apr 14»
9
Learn Simple And Compound Interest
Interest is defined as the cost of borrowing money, and depending on how it is calculated, can be classified as simple interest or compound interest. Simple ... «Investopedia, Feb 14»
10
Victims of interest rate 'swaps' hit out at Financial Conduct Authority
Berg points to the FCA statement which says customers will 'typically be offered 8 per cent simple interest on top of their redress payments. We hope this means ... «This is Money, Oct 13»

REFERENCE
« EDUCALINGO. Simple interest [online]. Available <https://educalingo.com/en/dic-en/simple-interest>. Nov 2022 ».
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