Compound interest

Compound interest
Compound Com"pound, a. [OE. compouned, p. p. of compounen. See {Compound}, v. t.] Composed of two or more elements, ingredients, parts; produced by the union of several ingredients, parts, or things; composite; as, a compound word. [1913 Webster]

Compound substances are made up of two or more simple substances. --I. Watts. [1913 Webster]

{Compound addition}, {subtraction}, {multiplication}, {division} (Arith.), the addition, subtraction, etc., of compound numbers.

{Compound crystal} (Crystallog.), a twin crystal, or one seeming to be made up of two or more crystals combined according to regular laws of composition.

{Compound engine} (Mech.), a form of steam engine in which the steam that has been used in a high-pressure cylinder is made to do further service in a larger low-pressure cylinder, sometimes in several larger cylinders, successively.

{Compound ether}. (Chem.) See under {Ether}.

{Compound flower} (Bot.), a flower head resembling a single flower, but really composed of several florets inclosed in a common calyxlike involucre, as the sunflower or dandelion.

{Compound fraction}. (Math.) See {Fraction}.

{Compound fracture}. See {Fracture}.

{Compound householder}, a householder who compounds or arranges with his landlord that his rates shall be included in his rents. [Eng.]

{Compound interest}. See {Interest}.

{Compound larceny}. (Law) See {Larceny}.

{Compound leaf} (Bot.), a leaf having two or more separate blades or leaflets on a common leafstalk.

{Compound microscope}. See {Microscope}.

{Compound motion}. See {Motion}.

{Compound number} (Math.), one constructed according to a varying scale of denomination; as, 3 cwt., 1 qr., 5 lb.; -- called also {denominate number}.

{Compound pier} (Arch.), a clustered column.

{Compound quantity} (Alg.), a quantity composed of two or more simple quantities or terms, connected by the sign + (plus) or - (minus). Thus, a + b - c, and bb - b, are compound quantities.

{Compound radical}. (Chem.) See {Radical}.

{Compound ratio} (Math.), the product of two or more ratios; thus ab:cd is a ratio compounded of the simple ratios a:c and b:d.

{Compound rest} (Mech.), the tool carriage of an engine lathe.

{Compound screw} (Mech.), a screw having on the same axis two or more screws with different pitch (a differential screw), or running in different directions (a right and left screw).

{Compound time} (Mus.), that in which two or more simple measures are combined in one; as, 6-8 time is the joining of two measures of 3-8 time.

{Compound word}, a word composed of two or more words; specifically, two or more words joined together by a hyphen. [1913 Webster]


The Collaborative International Dictionary of English. 2000.

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  • compound interest — see interest 5 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. compound interest …   Law dictionary

  • compound interest — Interest computed by applying the simple rate of interest to calculate interest on principal plus interest on successive increments of interest earned in prior periods. American Banker Glossary interest paid on previously earned interest as well… …   Financial and business terms

  • Compound interest — Interest paid on previously earned interest as well as on the principal. The New York Times Financial Glossary * * * compound interest compound interest ➔ interest * * *    The interest amount earned on the original principal and on the… …   Financial and business terms

  • Compound interest — Interest In ter*est, n. [OF. interest, F. int[ e]r[^e]t, fr. L. interest it interests, is of interest, fr. interesse to be between, to be difference, to be importance; inter between + esse to be; cf. LL. interesse usury. See {Essence}.] [1913… …   The Collaborative International Dictionary of English

  • Compound Interest — Interest that accrues on the initial principal and the accumulated interest of a principal deposit, loan or debt. Compounding of interest allows a principal amount to grow at a faster rate than simple interest, which is calculated as a percentage …   Investment dictionary

  • compound interest — n [U] ↑interest that is calculated on both the sum of money lent or borrowed and on the unpaid interest already earned or charged →↑simple interest …   Dictionary of contemporary English

  • compound interest — n. interest computed on the sum of the principal and the accrued interest: cf. SIMPLE INTEREST …   English World dictionary

  • compound interest — noun uncount interest that is based both on an amount of money that someone has borrowed or saved and on the interest that has been added to it …   Usage of the words and phrases in modern English

  • Compound interest — The effect of earning 20% annual interest on an initial $1,000 investment at various compounding frequencies Compound interest arises when interest is added to the principal, so that from that moment on, the interest that has been added also… …   Wikipedia

  • compound interest — noun interest calculated on both the principal and the accrued interest • Hypernyms: ↑interest * * * noun : interest paid or computed on the combined sum of the original principal of a loan and interest accrued and payable at the end of each… …   Useful english dictionary

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