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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



... 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 ...
— White Jacket - or, the World on a Man-of-War • Herman Melville

... sat down to work out his sum with a piece of chalk on a smooth stone. He tried it by practice and the unitary method, by multiplication, and by rule-of-three-and-three-quarters. He tried it by decimals and by compound interest. He tried it by square root and by cube root. He tried it by addition, simple and otherwise, and he tried it by mixed examples in vulgar fractions. But it was all of no use. Then he tried to do the sum by algebra, by simple and by quadratic equations, by trigonometry, ...
— The Book of Dragons • Edith Nesbit

... according to Carlyle, henceforth "preferring steady darkness to uncertain new light"; Spain, "people stumbling in steep places in the darkness of midnight"; Italy, "shrugging its shoulders and preferring going into Dilettantism and the Fine Arts"; and France, "with accounts run up on compound interest," had to answer the "writ of summons" with an all too ...
— The Nuttall Encyclopaedia - Being a Concise and Comprehensive Dictionary of General Knowledge • Edited by Rev. James Wood

... legislator less difficult—half as many laws will be enough, 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 for greater matters, as for example, respecting marriage and ...
— Laws • Plato

... was in blissful ignorance of the reason therefor, the chronicler of this tale can serve no good purpose by concealing the true facts in the case. Immediately upon regaining consciousness, Herr August Carl von Staden had insisted upon returning Michael J. Murphy's kicks with compound interest. ...
— Cappy Ricks Retires • Peter B. Kyne


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