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Compound interest   /kˈɑmpaʊnd ˈɪntrəst/   Listen
Compound interest

noun
1.
Interest calculated on both the principal and the accrued interest.






WordNet 3.0 © 2010 Princeton University








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"Compound interest" Quotes from Famous Books



... babyhood—objecting to be drest— If you leave it to accumulate at compound interest, For anything you know, may represent, if you're alive, A burglary or murder ...
— More Bab Ballads • W. S. Gilbert

... going to shout with all my might. "Woe to the usurers, woe to their capital and their interest and their compound interest! You shall play me no more bad turns. My son is being taught there, his tongue is being sharpened into a double-edged weapon; he is my defender, the saviour of my house, the ruin of my foes! His poor father was crushed ...
— The Eleven Comedies - Vol. I • Aristophanes et al

... New Assyrian or Babylonian Empire, how in this manner the original sum lent became doubled and trebled; generally the interest accumulated till it was quadrupled, after which, no doubt, the security was taken by the creditor. They probably calculated that the capital and compound interest was by then equal in value to the person or ...
— History Of Egypt, Chaldaea, Syria, Babylonia, and Assyria, Volume 3 (of 12) • G. Maspero

... stands written, as in fire-characters, or smoke-characters prompt to become fire again, a legible balance-account of grim vengeance; very unjustly balanced, much exaggerated, as is the way with such accounts: but payable readily at sight, in full with compound interest! Such things should be avoided as the very pestilence! For men's hearts ought not to be set against one another; but set with one another, and all against the Evil Thing only. Men's souls ought to be left to see clearly; not jaundiced, ...
— Past and Present - Thomas Carlyle's Collected Works, Vol. XIII. • Thomas Carlyle

... another instance, still more illustrative of the knotted, trebly intertwisted villainy, accumulating at a sort of compound interest in a man-of-war. The cockswain of the Commodore's barge takes his crew apart, one by one, and cautiously sounds them as to their fidelity—not to the United States of America, but to himself. Three individuals, whom he deems doubtful—that is, faithful to the United States of America—he ...
— White Jacket - or, the World on a Man-of-War • Herman Melville


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