Meaning Of The Word Compound interest
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 |
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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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