Definition of 'compound interest'
Word Frequency
compound interest
noun
Compare simple interest
Collins English Dictionary. Copyright © HarperCollins Publishers
Word Frequency
compound interest in American English
interest computed on the sum of the principal and the accrued interest
see also simple interestWebster’s New World College Dictionary, 4th Edition. Copyright © 2010 by
Houghton Mifflin Harcourt. All rights reserved.
Word Frequency
compound interest in Accounting (kɒmpaʊnd ɪntrɪst)
noun
( Accounting : Investing )
interest 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.
When money is invested at compound interest, each interest payment is reinvested to earn more interest in subsequent periods.
We compute compound interest on principal and on any interest earned that has not been paid or withdrawn.
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.
Collins English Dictionary. Copyright © HarperCollins Publishers
Word Frequency
compound interest in Finance (kɒmpaʊnd ɪntrɪst)
noun
( Finance : General )
interest 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.
When money is invested at compound interest, each interest payment is reinvested to earn more interest in subsequent periods.
We compute compound interest on principal and on any interest earned that has not been paid or withdrawn.
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.
Collins English Dictionary. Copyright © HarperCollins Publishers
Trends of 'compound interest'
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Definition of compound interest from the
Collins English Dictionary
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