Discrete compounding

The process of calculating Interest and adding it to existing Principal and Interest at finite time Intervals, such as daily, monthly or yearly.

Related Terms: 7 FIN, Interest, Inc., Intervals, Principal, ROC, ROCE

Other Related Pages: Category: Lending_and_Credit Starting With: D

Additional Related Terms: Average daily balance, Average daily balance method, Accrual of discount, Accrued interest, Amortization of premium, At par, All or any part, At best, At call, At risk