Simple(redirected from SIP for Instant Messaging and Presence Leverage)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Unmixed; not aggravated or compounded.
A simple assault, for example, is one that is not accompanied by any circumstances of aggravation, such as assault with a deadly weapon.
Simple interest is a fixed amount paid in exchange for a sum of money lent. The interest generated on the amount borrowed does not itself earn interest, unlike interest earned where parties agree to compound interest.
SIMPLE. Not compounded, alone; as, simple interest, which is interest on the principal sum lent only and not interest on the interest; simple contract, &c.