Topic: LOANS
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simple interest [uncountable]
BFL interest that is calculated on the sum of money that you first invested, and does not include the interest it has already earned
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Definition of simple interest from the Longman Dictionary of Contemporary English within
the topic LOANS Explore LOANS Topic
amortize
APR
borrowing powers
collateral
compound interest
creditor
credit rating
creditworthy
debenture
debit note
finance(n)
finance(v)
finance company
foreclose
hire purchase
interest
interest-free
interest rate
letter of credit
liquidate
liquidation
liquidator
loan
moneylender
money market
moratorium
mortgage(n)
mortgage(v)
official receiver
owing
payable
prime rate
promissory note
redeem
remission
remit
remortgage
repay
repayable
repayment
repossess
reschedule
secure
security
sequester
sequestrate
settlement
simple interest
surety
undischarged
usurer
usurious
usury
venture capital
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