- interest, compound
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n.Interest paid on top of interest already accrued, in addition to interest paid on principal.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
interest, compound
Look at other dictionaries:
compound interest — see interest 5 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. compound interest … Law dictionary
compound interest — Interest computed by applying the simple rate of interest to calculate interest on principal plus interest on successive increments of interest earned in prior periods. American Banker Glossary interest paid on previously earned interest as well… … Financial and business terms
Compound interest — Interest paid on previously earned interest as well as on the principal. The New York Times Financial Glossary * * * compound interest compound interest ➔ interest * * * The interest amount earned on the original principal and on the… … Financial and business terms
Compound interest — Compound Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] … The Collaborative International Dictionary of English
compound — com·pound /kəm pau̇nd/ vt 1: to agree for a consideration not to prosecute (an offense) ◇ Compounding a felony is a common law crime. 2: to pay (interest) on both the accrued interest and the principal Merriam Webster’s Dictionary of Law. Merriam … Law dictionary
Compound — Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] Compound … The Collaborative International Dictionary of English
Compound addition — Compound Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] … The Collaborative International Dictionary of English
Compound crystal — Compound Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] … The Collaborative International Dictionary of English
Compound engine — Compound Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] … The Collaborative International Dictionary of English
Compound ether — Compound Com pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster] … The Collaborative International Dictionary of English
