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单词 simple interest
释义

simple interest

noun

: interest paid or computed on the original principal only of a loan or on the amount of an account

Example Sentences

Recent Examples on the Web Few college students completed a course in personal finance while in high school, and three out of four young people in America cannot calculate the simple interest on a loan. Julie Bunn, Twin Cities, 14 July 2019

Word History

First Known Use

1622, in the meaning defined above

Legal Definition

simple interest

see interest sense 5

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更新时间:2025/1/24 7:27:46