Found 2 items, similar to compound interest.
English → English (WordNet)
Definition: compound interest
compound interest
n : interest calculated on both the principal and the accrued
interest
English → English (gcide)
Definition: Compound interest
Compound
\Com"pound\, a. [OE. compouned, p. p. of compounen. See
Compound, v. t.]
Composed of two or more elements, ingredients, parts;
produced by the union of several ingredients, parts, or
things; composite; as, a compound word.
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Compound substances are made up of two or more simple
substances. --I. Watts.
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Compound addition,
subtraction,
multiplication,
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.
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Interest
\In"ter*est\, n. [OF. interest, F. int['e]r[^e]t, fr.
L. interest it interests, is of interest, fr. interesse to be
between, to be difference, to be importance; inter between +
esse to be; cf. LL. interesse usury. See
Essence.]
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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.
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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.
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So much interest have I in thy sorrow. --Shak.
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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.
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3. Advantage, personal or general; good, regarded as a
selfish benefit; profit; benefit.
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Divisions hinder the common interest and public
good. --Sir W.
Temple.
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When interest calls of all her sneaking train.
--Pope.
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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.
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They have told their money, and let out
Their coin upon large interest. --Shak.
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5. Any excess of advantage over and above an exact equivalent
for what is given or rendered.
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You shall have your desires with interest. --Shak.
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6. The persons interested in any particular business or
measure, taken collectively; as, the iron interest; the
cotton interest.
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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.
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