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Compound interest   /kˈɑmpaʊnd ˈɪntrəst/   Listen
Compound interest

noun
1.
Interest calculated on both the principal and the accrued interest.






WordNet 3.0 © 2010 Princeton University








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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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