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4 definitions found
 for Compound interest
From The Collaborative International Dictionary of English v.0.48 :

  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]

From The Collaborative International Dictionary of English v.0.48 :

  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 Webster]
     1. Excitement of feeling, whether pleasant or painful,
        accompanying special attention to some object; concern; a
        desire to learn more about a topic or engage often in an
        activity.
        [1913 Webster +PJC]
  
     Note: Interest expresses mental excitement of various kinds
           and degrees. It may be intellectual, or sympathetic and
           emotional, or merely personal; as, an interest in
           philosophical research; an interest in human suffering;
           the interest which an avaricious man takes in money
           getting.
           [1913 Webster]
  
                 So much interest have I in thy sorrow. --Shak.
           [1913 Webster]
  
     2. (Finance, Commerce) Participation in advantage, profit,
        and responsibility; share; portion; part; as, an interest
        in a brewery; he has parted with his interest in the
        stocks.
        [1913 Webster]
  
     3. Advantage, personal or general; good, regarded as a
        selfish benefit; profit; benefit.
        [1913 Webster]
  
              Divisions hinder the common interest and public
              good.                                 --Sir W.
                                                    Temple.
        [1913 Webster]
  
              When interest calls of all her sneaking train.
                                                    --Pope.
        [1913 Webster]
  
     4. (Finance) A fee paid for the use of money; a fee paid for
        a loan; -- usually reckoned as a percentage; as, interest
        at five per cent per annum on ten thousand dollars.
        [1913 Webster]
  
              They have told their money, and let out
              Their coin upon large interest.       --Shak.
        [1913 Webster]
  
     5. Any excess of advantage over and above an exact equivalent
        for what is given or rendered.
        [1913 Webster]
  
              You shall have your desires with interest. --Shak.
        [1913 Webster]
  
     6. The persons interested in any particular business or
        measure, taken collectively; as, the iron interest; the
        cotton interest.
        [1913 Webster]
  
     Compound interest, interest, not only on the original
        principal, but also on unpaid interest from the time it
        fell due.
  
     Simple interest, interest on the principal sum without
        interest on overdue interest.
        [1913 Webster]

From WordNet (r) 3.0 (2006) :

  compound interest
      n 1: interest calculated on both the principal and the accrued
           interest

From Bouvier's Law Dictionary, Revised 6th Ed (1856) :

  COMPOUND INTEREST. Interest allowed upon interest; for example, when a sum 
  of money due for interest, is added to the principal, and then bears 
  interest. This is not, in general, allowed. See Interest for money. 
  
  

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