Definition of compound interest Compound interest
com•pound in•ter•est
We found 3 definitions of compound interest from 3 different sources.
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What does compound interest mean?
WordNet
Noun |
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| compound interest - interest calculated on both the principal and the accrued interest |
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Wiktionary 
- compound interest (Noun)
Interest, as on a loan or a bank account , that is calculated on the total on the principal plus accumulated unpaid interest.
OmegaWiki DictionaryOmegaWiki Dictionary Ω
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compound interest
The addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest.
