Business Terms and Jargon Explained

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

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   

Commission Agent Satisfactory Quality Nemo dat quod non habet
Supply VAT Compensation funds Capsizing
B2C Certificate of Incorporation State of the art
Accountability N162 Civil Court form Avatar
Som Gain Traction Registered Office
Directors Agent Co-operative
N161 Civil Court form Dividend Res
Easement Unicameral PLN
Act Equity Gross interest
Monopoly Fringe time Moving forward
Financial economies Firmware Shelf life
Informant Human capital Indictment
Operational risk Krugerrand Suggestio falsi

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 jargon, and explain them in Plain English. Its very easy to comprehend. Learn to understanding and know your business jargon. This will keep you informed among your peers. Bookmark Your business dictionary.

Copyright © 2004-2021 Scopulus Limited. All rights reserved.