Compound Interest

Business / Real Estate / Compound Interest: Interest computed on the principal sum plus accrued interest. At the beginning of the new interest period, all interest is added to the principal, forming a new principal figure on which interest is then calculated. This process repeats itself each interest period—interest may be compounded daily, monthly, semiannually or annually.

Other Words for Compound

Compound Adjective Synonyms: composite, blend, synthesis, combination, consolidation, parasynthesis, parathesis, mixture, amalgam, alloy, merging, merger, mix
Compound Noun Synonyms: put together, combine, mix, concoct, compose, make (up), formulate, blend
Compound Verb Synonyms: blend, merge, coalesce, combine, unite, fuse or also fuze, come or go together
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Other Words for Interest

Interest Adjective Synonyms: concern, significance, importance, weight, moment, note, consequence
Interest Noun Synonyms: attention, attentiveness, concern, regard, curiosity, scrutiny, notice, engagement
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Interest Payments

Business / Finance / Interest Payments: Interest earned on reinvestment of each interest payment on money invested. See: compound interest. MORE

Periodic Interest Rate

Business / Taxes / Periodic Interest Rate: The periodic interest rate, sometimes called the nominal rate, is the interest rate a lender charges on the amount you borrow. Lenders are also required to tell you what a loan will actually cost per MORE

Simple Interest

Business / Accounting / Simple Interest: Interest applied to the original sum invested (as opposed to compound interest ). Eg. 1000 invested over two years at 10% per year simple interest will yield a gross total of 1200 at the end of the pe MORE

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