Meaning Of The Word Compound interest

Real Dictionary

What's the definition of Compound interest? Find Compound interest meanings, definitions and more at the Real Dictionary online.

Compound interest Meaning

Compound interest Definition
Compound interest Definition

What's The Definition Of Compound interest?

compound interest
uncountable noun: Compound interest is interest that is calculated both on an original sum of money and on interest which has previously been added to the sum. Compare simple interest.

compound interest in Accounting
noun: Compound interest is interest that is paid both on an original sum of money and on interest that has already been paid on that sum.

compound interest in American English
interest computed on the sum of the principal and the accrued interest
noun: interest paid on both the principal and on accrued interest

compound interest in British English
noun: interest calculated on both the principal and its accrued interest

compound interest in Finance
noun: Compound interest is interest that is paid both on an original sum of money and on interest that has already been paid on that sum.

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