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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



... 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

... the second-class car forced me to share a bench with a chorus girl of the company that had been castilianizing venerable Broadway favorites in Guanajuato's chief theater. She was about forty, looked it with compound interest, was graced with the form of a Panteon mummy, and a face—but some things are too horrible even to be mentioned in print. Most of the way she wept copiously, apparently at some secret a pocket mirror insisted ...
— Tramping Through Mexico, Guatemala and Honduras - Being the Random Notes of an Incurable Vagabond • Harry A. Franck

... again, another of the mines was worked, under heavy expenses, during 17 years before pay was struck, and still another one compelled a wait of 21 years before pay was struck; then, in both instances, the outlay was all back in a year or two, with compound interest. ...
— Innocents abroad • Mark Twain

... thank you for the earnest manner in which you have drunk the toast just now so eloquently proposed to you—to say that I give you back your kind wishes and good feelings with more than compound interest; and that I feel how dumb and powerless the best acknowledgments would be beside such genial hospitality as yours, is nothing. To say that in this winter season, flowers have sprung up in every footstep's length of the path which ...
— Speeches: Literary and Social • Charles Dickens

... observation of natural things; this, however, did not strike his educators as a matter of any importance; it was not their business to discover what Humplebee could do, and wished to do, but to make him do things they regarded as desirable. Humplebee was marked for commerce; he must study compound interest, and be strong at discount. Yet the boy loathed every such mental effort, and the name of 'business' made him sick ...
— The House of Cobwebs and Other Stories • George Gissing

... veracity? What principle of registration is that which makes Nature debtor to Frederick the Second for the seizure of Silesia, and Bonaparte debtor to Nature for 'trampling on the world, holding it tyrannously down?' It is very well to tell us that 'Injustice pays itself with frightful compound interest,' but there are reasons for suspecting that Mr. Carlyle's definition of the just and the unjust are such as to reduce this and all his other sentences of like purport to the level of mere truism and repetition. ...
— Critical Miscellanies, Vol. I - Essay 2: Carlyle • John Morley

... libraries shows also no little originality in a man of a class which is not as a rule devoted to literature. Another millionaire I recently read of, who refused to pay the smallest account till it had run for five years, and would then gladly pay it, with compound interest at five per cent., has something refreshing about him; while still another rich eccentric, who has lived on his yacht anchored near the English coast for some fifteen years or so in order to avoid payment of his American taxes, and who occasionally amuses himself by having gold pieces heated white ...
— Vanishing Roads and Other Essays • Richard Le Gallienne

... and much less than half; and they will be of a kind better suited to free men. For he has nothing to do with laws about shipowners and merchants and retailers and inn-keepers and tax collectors and mines and moneylending and compound interest and innumerable other things—bidding good-bye to these, he gives laws to husbandmen and shepherds and bee-keepers, and to the guardians and superintendents of their implements; and he has already legislated ...
— Laws • Plato

... gently, "whilst my little wife's fate was so uncertain, I had to remain here by her side. Odd's life!" he added merrily, "never fear! Chauvelin will lose nothing by waiting, I warrant! Wait till I get him back to England!—La! he shall pay for the thrashing he gave me with compound interest, I ...
— The Scarlet Pimpernel • Baroness Orczy

... in the assembly,[43] especially emphasised the public debt. "It is a fact that should strike us with shame, that we are obliged to borrow money in order to pay the interest of our debt. It is a fact that these debts are accumulating every day by compound interest."[44] In the old Confederation, he declared, the idea of liberty alone was considered, but that another thing was equally important—"I mean a principle of strength and stability in the organisation of our government, and of vigour in its operations."[45] Professor ...
— A Political History of the State of New York, Volumes 1-3 • DeAlva Stanwood Alexander

... every month during twenty months. The pennies had now grown up to pounds. The knave perceived the trick, and preferred paying the forfeiture of his bond for L500, rather than to receive the visitation of all the little generation of compound interest in the last descendant of L2000, which would have closed with the draper's shop. The inventive genius of Audley might have illustrated that popular tract of his own times, Peacham's "Worth of a Penny;" a gentleman who, having scarcely one left, consoled himself by detailing the numerous comforts ...
— Curiosities of Literature, Vol. II (of 3) - Edited, With Memoir And Notes, By His Son, The Earl Of Beaconsfield • Isaac D'Israeli

... way I used to when I got mad because I couldn't get compound interest and Dad straightened me out, giving me a good calling down as he did so. Pen! Pen! ...
— Still Jim • Honore Willsie Morrow

... a remittance from the Unknown, with a note to the following effect at the foot of it:—"This is the last remittance on account of the Brilliant. The value of the cargo, including compound interest, and the estimated value of the vessel, have now been repaid to ...
— Gascoyne, the Sandal-Wood Trader • R.M. Ballantyne

... make up the code of schoolboy honor, to the national bad faith which systematically violates all treaties when they cease to be lucrative; from the promising youth who borrows money from his tailor, and has it charged to his father with compound interest as "account rendered for clothes furnished," down to the driveling dishonesty of some old statesman who clings to office because his ornate eloquence still survives his scanty wit. Verily, if the boy be father to the man, it is not pleasant to imagine what manner of men they will be ...
— Paul Patoff • F. Marion Crawford

... foot passengers have been slipping and sliding since the day broke (if this day ever broke), adding new deposits to the crust upon crust of mud, sticking at those points tenaciously to the pavement, and accumulating at compound interest. ...
— Bleak House • Charles Dickens

... 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 at the age ...
— More Bab Ballads • W. S. Gilbert

... Sunderline. "It's pretty to build, and it's pretty to look at; but I should like to hear what your mother would say to the 'conveniences.' One convenience wants another to take care of it, till there's such a compound interest of them that it takes a regiment just to man the pumps and pipes, and open and shut the cupboards. Living doesn't really need so much machinery. But every household seems to want a little universe of ...
— The Other Girls • Mrs. A. D. T. Whitney

... Jane knew well enough it was bean soup and salad day, and not even a sweet potato in the pantry. Miss Gray and Zura started house-ward, slowly followed by Page. He had looked very straight at Mr. Chalmers, who returned the gaze, adding compound interest, and a contemptuous shrug. ...
— The House of the Misty Star - A Romance of Youth and Hope and Love in Old Japan • Fannie Caldwell Macaulay

... from being as good as I could wish; but I did my best. You will find some improvement, sir, I hope," added Charlie, turning to Mr. Wyllys, "since my first attempt at Chewattan Lake, in the days of Compound Interest." ...
— Elinor Wyllys - Vol. I • Susan Fenimore Cooper

... judgment, and they had had their year... their mad year... or at least all but two or three months of it. But his first intuition had been right; and now they must both pay for their madness. The Fates seldom forget the bargains made with them, or fail to ask for compound interest. Why not, then, now that the time had come, pay up gallantly, and remember of the episode only what had made it seem ...
— The Glimpses of the Moon • Edith Wharton



Words linked to "Compound interest" :   interest



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