compound interest


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Related to compound interest: simple interest

compound interest

n.
Interest computed on the accumulated unpaid interest as well as on the original principal.

compound interest

n
(Banking & Finance) interest calculated on both the principal and its accrued interest. Compare simple interest

com′pound in′terest


n.
interest paid on both the principal and on accrued interest.
[1650–60]
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.compound interest - interest calculated on both the principal and the accrued interest
interest - a fixed charge for borrowing money; usually a percentage of the amount borrowed; "how much interest do you pay on your mortgage?"
Translations

compound interest

ninteresse m composto
References in classic literature ?
Our loves are not given, but only lent, At compound interest of cent per cent.
These, it seemed, were calculations of compound interest on what he called 'the principal amount of forty-one, ten, eleven and a half', for various periods.
Foot passengers, jostling one another's umbrellas in a general infection of ill temper, and losing their foot-hold at street-corners, where tens of thousands of other foot passengers have been slipping and sliding since the day broke (if this day ever broke), adding new deposits to the crust upon crust of mud, sticking at those points tenaciously to the pavement, and accumulating at compound interest.
That was not particularly well; for he remained in the greatest perplexity, and, as the hours went on, and no kind of explanation offered itself, his perplexity augmented at compound interest.
The longer The payment is withholden, the better for you; for compound interest on compound interest is the rate and usage of this exchequer.
Le mieux," says a French proverb, "est l'ennemi du bien," and, in mentioning that Scheherazade had inherited the seven baskets of talk, I should have added that she put them out at compound interest until they amounted to seventy-seven.
Casaubon had imagined that his long studious bachelorhood had stored up for him a compound interest of enjoyment, and that large drafts on his affections would not fail to be honored; for we all of us, grave or light, get our thoughts entangled in metaphors, and act fatally on the strength of them.
The devil goes on exacting compound interest to the last for his early share and numerous succeeding investments in them.
To question him in detail, and endeavour to reconcile his answers; to closet him with accountants and sharp practitioners, learned in the wiles of insolvency and bankruptcy; was only to put the case out at compound interest and incomprehensibility.
replied Sam, returning the push with compound interest.
adults have a relatively weak understanding of compound interest, the survey found, even though Americans' credit card use is among the highest in the world according to the World Bank Global Findex database.
Adults were tested on their knowledge of four basic financial concepts: risk diversification, inflation, numeracy and compound interest.