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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



... hymns and portions of the Gospel for the enlightenment of the Indians. We wander into the school where a young teacher is explaining to his uneasy disciples the intricacies of Present Worth and Compound Interest. Idly we wonder to what use these bare-footed half-Cree urchins will ...
— The New North • Agnes Deans Cameron

... violated the Sherman law. The judge promptly fined me three thousand dollars, for which I immediately wrote a check, leaving me still the winner by some two million seven hundred thousand dollars on the deal, to say nothing of compound interest on the three thousand for the past two years. You see the beneficent effect of legislation, do ...
— Carmen Ariza • Charles Francis Stocking

... immediate influence on the man; the eventual effect on the race remains to be considered. Now, if the first result be anything, the second must in the end be everything. For however trifling it be in the individual instance, it goes on accumulating with each successive generation, like compound interest. The choosing of a wife by family suffrage is not simply an exponent of the impersonal state of things, it is a power toward bringing such a state of things about. A hermit seldom develops to his full possibilities, and the domestic variety is no exception to the rule. A man who is linked ...
— The Soul of the Far East • Percival Lowell

... another 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

... seeking to make a fortune," said Howard, quietly;—"my object is to secure something for my family in case of accident, and I only want to invest what I do not require for present use in a manner that will bring compound interest. I hope not to be obliged to take up the interest for many years, but to be adding it to the principal, with such sums as I may be able to spare from ...
— Rich Enough - a tale of the times • Hannah Farnham Sawyer Lee



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