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Compound interest   /kˈɑmpaʊnd ˈɪntrəst/   Listen
noun
Interest  n.  
1.
Excitement of feeling, whether pleasant or painful, accompanying special attention to some object; concern; a desire to learn more about a topic or engage often in an activity. Note: Interest expresses mental excitement of various kinds and degrees. It may be intellectual, or sympathetic and emotional, or merely personal; as, an interest in philosophical research; an interest in human suffering; the interest which an avaricious man takes in money getting. "So much interest have I in thy sorrow."
2.
(Finance, Commerce) Participation in advantage, profit, and responsibility; share; portion; part; as, an interest in a brewery; he has parted with his interest in the stocks.
3.
Advantage, personal or general; good, regarded as a selfish benefit; profit; benefit. "Divisions hinder the common interest and public good." "When interest calls of all her sneaking train."
4.
(Finance) A fee paid for the use of money; a fee paid for a loan; usually reckoned as a percentage; as, interest at five per cent per annum on ten thousand dollars. "They have told their money, and let out Their coin upon large interest."
5.
Any excess of advantage over and above an exact equivalent for what is given or rendered. "You shall have your desires with interest."
6.
The persons interested in any particular business or measure, taken collectively; as, the iron interest; the cotton interest.
Compound interest, interest, not only on the original principal, but also on unpaid interest from the time it fell due.
Simple interest, interest on the principal sum without interest on overdue interest.



adjective
Compound  adj.  Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. "Compound substances are made up of two or more simple substances."
Compound addition, Compound subtraction, Compound multiplication, Compound division (Arith.), the addition, subtraction, etc., of compound numbers.
Compound crystal (Crystallog.), a twin crystal, or one seeming to be made up of two or more crystals combined according to regular laws of composition.
Compound engine (Mech.), a form of steam engine in which the steam that has been used in a high-pressure cylinder is made to do further service in a larger low-pressure cylinder, sometimes in several larger cylinders, successively.
Compound ether. (Chem.) See under Ether.
Compound flower (Bot.), a flower head resembling a single flower, but really composed of several florets inclosed in a common calyxlike involucre, as the sunflower or dandelion.
Compound fraction. (Math.) See Fraction.
Compound fracture. See Fracture.
Compound householder, a householder who compounds or arranges with his landlord that his rates shall be included in his rents. (Eng.)
Compound interest. See Interest.
Compound larceny. (Law) See Larceny.
Compound leaf (Bot.), a leaf having two or more separate blades or leaflets on a common leafstalk.
Compound microscope. See Microscope.
Compound motion. See Motion.
Compound number (Math.), one constructed according to a varying scale of denomination; as, 3 cwt., 1 qr., 5 lb.; called also denominate number.
Compound pier (Arch.), a clustered column.
Compound quantity (Alg.), a quantity composed of two or more simple quantities or terms, connected by the sign + (plus) or - (minus). Thus, a + b - c, and bb - b, are compound quantities.
Compound radical. (Chem.) See Radical.
Compound ratio (Math.), the product of two or more ratios; thus ab:cd is a ratio compounded of the simple ratios a:c and b:d.
Compound rest (Mech.), the tool carriage of an engine lathe.
Compound screw (Mech.), a screw having on the same axis two or more screws with different pitch (a differential screw), or running in different directions (a right and left screw).
Compound time (Mus.), that in which two or more simple measures are combined in one; as, 6-8 time is the joining of two measures of 3-8 time.
Compound word, a word composed of two or more words; specifically, two or more words joined together by a hyphen.






Collaborative International Dictionary of English 0.48








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"Compound interest" Quotes from Famous Books



... old love seemed to have been out at compound interest, from the increment that came back to her at the sound of Harry Glen's voice, now so much deeper, fuller and more masterful than in the fastidious days of yore. She lifted the smallest corner of the wagon-cover and looked out. The barrel heads had been beaten in with stones, and a large cupful ...
— The Red Acorn • John McElroy

... taxes which he proposed, in order to raise the surplus to one million, were an additional duty on ardent spirits, and new duties on certain kinds of timber and perfumery. In making this proposition Pitt showed that he was full of hope for the future. He calculated that the accumulated compound interest of the one million so appropriated, added to the annuities which would fall into the fund, would, in the course of twenty-eight years, leave a surplus of four millions per annum, to be applied, if necessary, to the ...
— The History of England in Three Volumes, Vol.III. - From George III. to Victoria • E. Farr and E. H. Nolan

... you needn't. But there's no blackmail when you only take what belongs to you. The money—the money that made his millions was as much mine as his. I'm going to have my share with compound interest for fifteen years—and ...
— The Vagrant Duke • George Gibbs

... of knowledge by the scientist, as Atalanta's lover the golden apples in his race, to assuage the scent of the hard-headed business man, would be profitable enough for any country in peace or war, to pay for itself ten times over and at compound interest. A volume could be filled with suggestions for interesting and promising investigations. But we may glance at some of the immediately useful aspects that might exercise those concerned with the everyday life of men, ...
— The Glands Regulating Personality • Louis Berman, M.D.

... according to the profits made by the use of it. The profits must always be great where men can afford to take money at the rate of eight and ten per cent. and allow it to remain in their hands upon compound interest. In Carolina labourers on good lands cleared their first cost and charges in a few years, and therefore great was the demand for money in ...
— An Historical Account Of The Rise And Progress Of The Colonies Of South Carolina And Georgia, Volume 2 • Alexander Hewatt


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