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   

Banana Problem Non est factum Zip Aggregate Supply
Armchair general Directors Guarantee Letter Deposit INGO
Pari passu Zillionaire N242A Civil Court form Ad Idem
White Bonnet N279 Civil Court form B2B Specific Legacy
Bull Market Afghani To adduce Administrator
Corporate Culture Touch base Zip Code Offshore Investments
Capital Adequacy N337 Civil Court form Marketing economies Overheads
Audit Long Term Debt Krone Altcoin
Realisable property Undercapitalized Drop Catch Worm
Supply VAT Troy pound Excise Goods JIT

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.