compound interest

compound interest

English

Noun

compound interest (usually uncountable, plural compound interests)

1. (banking, finance) Interest, as on a loan or a bank account, that is calculated on the total on the principal plus accumulated unpaid interest.
   • 1852 March – 1853 September, Charles Dickens, chapter 1, in Bleak House, London: Bradbury and Evans, […], published 1853, OCLC 999756093:

     […] tens of thousands of other foot passengers have been slipping and sliding since the day broke (if this day ever broke), adding new deposits to the crust upon crust of mud, sticking at those points tenaciously to the pavement, and accumulating at compound interest.

   • 2014 [1967], C. Attwood, Compound Interest Functions: Practical Tables Series, Elsevier, →ISBN, page 210:

     Arithmetic books published during the fifteenth and first half of the sixteenth centuries have little to say about interest although the practice of calculating compound interest was old at that time.

Translations

interest calculated on principal plus any unpaid interest

Burmese: အတိုးရင်းပွား (my) (a.tui:rang:pwa:) Chinese: Mandarin: 複利／复利 (zh) (fùlì), 利滚利 (zh) (lìgǔnlì) Czech: složené úročení n Danish: renters rente c Finnish: koronkorko French: intérêts composés (fr) m pl German: Zinseszins m Gujarati: ચક્રવૃદ્ધિ વ્યાજ (cakravṛddhi vyāj) Hawaiian: kuala ʻano hui, kuala hoʻohui Hungarian: kamatos kamat (hu) Indonesian: bunga majemuk (id), bunga berbunga Irish: ús iolraithe m Italian: interesse composto (it) m Japanese: 複利 (ja) (fukuri) Korean: 복리 (ko) (bongni) Latin: anatocismus m Malay: faedah kompaun Maori: huamoni whakaputu Portuguese: juros compostos m pl Russian: сло́жные проце́нты pl (slóžnyje procénty) Scottish Gaelic: riadh fillte m Sicilian: ntiressi cumpostu m Swedish: ränta på ränta c, sammansatt ränta c Tagalog: lambalang tubo Telugu: చక్రవడ్డీ (cakravaḍḍī) Welsh: adlog m

See also

• simple interest
• super-compound interest