Definitions for "Simple Interest"
Simple interest is straight forward interest, for instance, if you invest R1 000 at a simple interest rate of 12% per year, you will earn interest of R120 making your saving a total of R1 120 after the first year. For as long as your money is invested you will earn 12% per year, i.e. R120, that is added to your original investment of R1 000.
MP] A transaction in which interest is not paid interest - there is no compounding.
Interest computed upon the declining balance of a particular amount; as principal declines so does the interest payment.
Keywords:  subordinated, stock, power
stock power subordinated
The charge for borrowing money, typically expressed as an annual percentage rate.