simple interest

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noun

interest payable only on the principal; interest that is not compounded.

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Origin of simple interest

First recorded in 1790–1800

Words nearby simple interest

simple fruit, simple group, simple harmonic motion, simple-hearted, simple honors, simple interest, simple interval, simple machine, Simple Mail Transfer Protocol, simple majority, simple microscope

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

How to use simple interest in a sentence

The simple, awful truth is that free speech has never been particularly popular in America.
How the PC Police Threaten Free Speech|Nick Gillespie|January 9, 2015|DAILY BEAST
But in the case of black women, another study found no lack of interest.
The Unbearable Whiteness of Congress|Dean Obeidallah|January 8, 2015|DAILY BEAST
But if you have a hearing and you prove that someone is mature enough, well then that state interest evaporates.
Should Teens Have The Right To Die?|Brandy Zadrozny|January 8, 2015|DAILY BEAST
While public interest in Ebola continues to dwindle, the epidemic itself continues to soar.
The Race for the Ebola Vaccine|Abby Haglage|January 7, 2015|DAILY BEAST

Lennon casually told some DC friends about it and found there was local interest in establishing Dinner Parties.
Everyone at This Dinner Party Has Lost Someone|Samantha Levine|January 6, 2015|DAILY BEAST
In the parish churches, many of which are of great interest, the predominant styles are Decorated and Perpendicular.
Encyclopaedia Britannica, 11th Edition, Volume 3, Slice 4|Various
And with some expressions of mutual good-will and interest, master and man separated.
The Posthumous Papers of the Pickwick Club, v. 2(of 2)|Charles Dickens
A desultory conversation on politics, in which neither took the slightest interest, was a safe neutral ground.
The Pit Town Coronet, Volume I (of 3)|Charles James Wills
His also was the intellectual point of view, and the intellectual interest in knowledge and its deductions.
The Mediaeval Mind (Volume II of II)|Henry Osborn Taylor
She stabbed him, noting the effect upon him with a detached interest that seemed indifferent to his pain.
The Wave|Algernon Blackwood

British Dictionary definitions for simple interest

simple interest

noun

interest calculated or paid on the principal aloneCompare compound interest

Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Scientific definitions for simple interest

simple interest

Interest computed only on the original principal and not on the sum of the principal plus accrued interest. The amount of simple interest remains constant. Compare compound interest.