COMPOUND INTEREST


Meaning of COMPOUND INTEREST in English

Compound interest is interest that is calculated both on an original sum of money and on interest which has previously been added to the sum. Compare simple interest . (BUSINESS)

N-UNCOUNT

Collins COBUILD.      Толковый словарь английского языка для изучающих язык Коллинз COBUILD (международная база данных языков Бирмингемского университета) .