compound interest

noun

Definitions

  1. Interest, as on a loan or a bank account, that is calculated on the total on the…

    Interest, as on a loan or a bank account, that is calculated on the total on the principal plus accumulated unpaid interest.

    • Arithmetic books published during the fifteenth and first half of the sixteenth centuries have little to say about interest although the practice of calculating compound interest was old at that time.

The neighborhood

Vish — recursive loop

No curated loop yet for compound interest. Loops are being traced one word at a time while the ingestion pipeline matures.

sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA