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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



... began to multiply at compound interest. Madonna was hardly still at the window for a moment, so many were the visitors whose approach up the garden walk it was now necessary for her to signalize. Down-stairs, all the vacant seats left in the painting room were filling rapidly; and the ranks of standers in the back places were getting ...
— Hide and Seek • Wilkie Collins

... Richard Price, a benevolent, ingenious, and laborious man, who, unfortunately for the public, possessed the power of giving his wild speculations a tangible and practical appearance. He was, to use a common expression, 'carried off his feet' by arithmetical calculations. He believed compound interest to be omnipotent. He made a calculation of what a penny could have come to if laid out at compound interest from the birth of Christ to the nineteenth century, and found it would make—we forget precisely how many globes of gold the size of this ...
— Chambers' Edinburgh Journal, No. 421, New Series, Jan. 24, 1852 • Various

... in a slight degree. And the believer with the tiara at Rome tugs and tugs at it, levying extortion under the threat of destroying the entire structure; until he is actually able to buy it back with the compound interest that has been accumulating. In that case nothing will be left but a heap of ruins. One could shriek and tear one's hair because the German does not see that in his basement there is an awful Bluebeard's chamber. And not for women alone. He has no inkling of what ...
— Atlantis • Gerhart Hauptmann

... so selfish!" was my wife's get-back. "There's a long winter ahead of us, and when we give one dinner to seven people that means seven people to give us seven dinners. Don't you see how our little plates of soup will draw compound interest if we invite the ...
— Skiddoo! • Hugh McHugh

... had been to rearrange and catalogue the library. When she came of age and found herself mistress of a tiny income (derived from capital left by her mother, carefully tied up to keep it from Sir Frederick, and enlarged by regular accumulations at compound interest) her first idea was to carry out her grandfather's wishes; but it was not until Horace Jewdwine's last visit that her idea became a determination. Horace had been strolling round the library, turning over the books, not exactly with the covetous eye of the heir ...
— The Divine Fire • May Sinclair


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