Legal Definition and Related Resources of Simple Interest

interest computed on the principal only, without compounding arrears of interest.

Interest calculated only on the initial investment. Related:compound interest.

Interest calculated by considering only the original principal amount.

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Simple Interest in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Simple Interest in Historical Law in the Encyclopedia of Law.

Search for legal acronyms and/or abbreviations containing Simple Interest in the Legal Abbreviations and Acronyms Dictionary.

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Interest.

Concept of Simple Interest in the context of Real Property

A short definition of Simple Interest: Interest computed on principal alone, as opposed to compound interest.

Concept of Simple Interest in the context of Real Property

A short definition of Simple Interest: Interest computed on principal alone, as opposed to compound interest.