Compound interest

Interest which is calculated not only on the initial Principal but also the accumulated Interest of prior periods.

Related Terms: 3 Interest, Inc., Principal

Other Related Pages: Category: Lending_and_Credit Starting With: C

Additional Related Terms: Accumulated depreciation, Average collection period, Accrual of discount, Accrued interest, Amortization of premium, At par, All or any part, At best, At call, Accumulated dividend