Simple

interest. Interest computed on the principal alone and not added to the principal to bear interest also as is the case in compound interest. } Single-entry. In single-entry bookkeeping the day-book (a: day-book and journal kept as one) and the ledger are the e ential books. Single-name paper. Paper without indorsement; bearing only the name of the maker. Another designation for single-: name paper is straight paper; in fact it is a common practise to speak of paper without indorsement as straight paper. 486