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   

Gearing Institutional Unit Equity Rates
Executor-dative Exempt Supply Realisable property
N266 Civil Court form SHA384 IDD
Web hosting agreement Security for Loans Encode
Warranty liability Post Sales Growth Forwarding Agent
Magistrates court Best practice Uno flatu
Default Interest Carat Dependency
Freelance Free on board Personal data
Intermediate goods Quality control Objective
Employment contracts In delicto In limine
Nanotechnology Adjusted earnings Gourde
SEED Public corporations Registered Office
Killer bee Duopsony Directors

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 © 2004-2020 Scopulus Limited. All rights reserved.