Business terms and jargon explained. Your business dictionary

What is Simple Interest

This is where interest is charged on the initial amount borrowed or invested only.
E.g 100k is borrowed.
Interest at 10% is 10K
After the first year there will be an amount owning of 110k. the interest for the second year will be calculated on the 100k(original amount) rather than the 110k.

<- Go Back
Business Terms Home page

Search jargon and terms database to learn more:-

A  B  C  D  E  F  G  H  I  J  K  L  M  N  O  P  Q  R  S  T  U  V  W  X  Y  Z

Search Term   

Place Of Supply Hedge Sucre WOWGR
Council conclusions - EU Customs Duties European Council UN
Backup Agricultural property Melt Value CPU
Institutional Unit SSL - Secure Sockets Layer Shortfall Deliverable
Land Registry Out of Pocket Hryvnia Advanced fee fraud
Notice board terms of use Percentage Rent Free Trade Charging Order
External Auditor Externality Appreciation Community Patent
Share Capital Digital Certificate Convertible securities Pro Rata
N434 Civil Court form Company Director Lord Chief Justice Qualifying share
Void Equilibrium Exchange Rate Vide Woolf Reforms

Term created / updated 2006-07-30 16:21:41

Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.

Copyright © 2004-2019 Scopulus Limited. All rights reserved.