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Compound interest is proof of gods existence.
Jeff Rich

Meaning of "compound interest" in the English dictionary

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DICTIONARY
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PRONUNCIATION OF COMPOUND INTEREST

compound interest play
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GRAMMATICAL CATEGORY OF COMPOUND INTEREST

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Compound interest is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES COMPOUND INTEREST MEAN IN ENGLISH?

Compound interest

Compound interest arises when interest is added to the principal of a deposit or loan, so that, from that moment on, the interest that has been added also earns interest. This addition of interest to the principal is called compounding. A bank account, for example, may have its interest compounded every year: in this case, an account with $1000 initial principal and 20% interest per year would have a balance of $1200 at the end of the first year, $1440 at the end of the second year, $1728 at the end of the third year, and so on. In order to define an interest rate fully, and enable one to compare it with other interest rates, the interest rate and the compounding frequency must be disclosed. Since most people prefer to think of rates as a yearly percentage, many governments require financial institutions to disclose the equivalent yearly compounded interest rate on deposits or advances. For instance, the yearly rate for a loan with 1% interest per month is approximately 12.68% per annum.

WORDS THAT BEGIN LIKE COMPOUND INTEREST

compote
compotier
compound
compound annual return
compound engine
compound eye
compound fault
compound flower
compound fraction
compound fracture
compound leaf
compound lens
compound microscope
compound number
compound sentence
compound time
compound tone
compoundable
compounder
compounding

WORDS THAT END LIKE COMPOUND INTEREST

accrued interest
controlling interest
declare an interest
disinterest
Everest
forest
high-interest
human interest
insurable interest
interest
life interest
merest
Mount Everest
noninterest
self-interest
simple interest
Site of Special Scientific Interest
uninterest
unity of interest
utterest
vested interest

Synonyms and antonyms of compound interest in the English dictionary of synonyms

SYNONYMS

Translation of «compound interest» into 25 languages

TRANSLATOR
online translator

TRANSLATION OF COMPOUND INTEREST

Find out the translation of compound interest to 25 languages with our English multilingual translator.
The translations of compound interest from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «compound interest» in English.

Translator English - Chinese

复利
1,325 millions of speakers

Translator English - Spanish

interés compuesto
570 millions of speakers

English

compound interest
510 millions of speakers

Translator English - Hindi

चक्रवृद्धि ब्याज
380 millions of speakers
ar

Translator English - Arabic

الفائدة المركبة
280 millions of speakers

Translator English - Russian

сложные проценты
278 millions of speakers

Translator English - Portuguese

juros compostos
270 millions of speakers

Translator English - Bengali

চক্রবৃদ্ধিহারে সুদ
260 millions of speakers

Translator English - French

l´intérêt composé
220 millions of speakers

Translator English - Malay

faedah kompaun
190 millions of speakers

Translator English - German

Zinseszins
180 millions of speakers

Translator English - Japanese

複利
130 millions of speakers

Translator English - Korean

복리
85 millions of speakers

Translator English - Javanese

Kapentingan senyawa
85 millions of speakers
vi

Translator English - Vietnamese

lãi kép
80 millions of speakers

Translator English - Tamil

கூட்டு வட்டி
75 millions of speakers

Translator English - Marathi

चक्रवाढ व्याज
75 millions of speakers

Translator English - Turkish

bileşik faiz
70 millions of speakers

Translator English - Italian

interesse composto
65 millions of speakers

Translator English - Polish

odsetki
50 millions of speakers

Translator English - Ukrainian

складні відсотки
40 millions of speakers

Translator English - Romanian

dobânzilor compuse
30 millions of speakers
el

Translator English - Greek

τους τόκους ανατοκισμού
15 millions of speakers
af

Translator English - Afrikaans

saamgestelde rente
14 millions of speakers
sv

Translator English - Swedish

ränta på ränta
10 millions of speakers
no

Translator English - Norwegian

rentes rente
5 millions of speakers

Trends of use of compound interest

TRENDS

TENDENCIES OF USE OF THE TERM «COMPOUND INTEREST»

The term «compound interest» is regularly used and occupies the 89.314 position in our list of most widely used terms in the English dictionary.
0
100%
FREQUENCY
Regularly used
58
/100
The map shown above gives the frequency of use of the term «compound interest» in the different countries.
Principal search tendencies and common uses of compound interest
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «compound interest».

FREQUENCY OF USE OF THE TERM «COMPOUND INTEREST» OVER TIME

The graph expresses the annual evolution of the frequency of use of the word «compound interest» during the past 500 years. Its implementation is based on analysing how often the term «compound interest» appears in digitalised printed sources in English between the year 1500 and the present day.

Examples of use in the English literature, quotes and news about compound interest

EXAMPLES

QUOTES WITH «COMPOUND INTEREST»

Famous quotes and sentences with the word compound interest.
1
Jeff Rich
Compound interest is proof of gods existence.

10 ENGLISH BOOKS RELATING TO «COMPOUND INTEREST»

Discover the use of compound interest in the following bibliographical selection. Books relating to compound interest and brief extracts from same to provide context of its use in English literature.
1
McGraw-Hill's Compound Interest and Annuity Tables
Extensive tables dealing with an interest range from five percent to sixteen percent offer monthly, quarterly, semiannual, and annual coverage for up to fifty-year durations
Jack C. Estes, 1992
2
Contemporary Mathematics for Business and Consumers
Manually recalculate the compound amount and compound interest from the previous example by using semiannual compounding (two times per year). How much more interest would Katie earn if the bank offered semiannual compounding?
Robert Brechner, 2011
3
Preston's Tables of Interest at Six Per Cent
Neither can we suppose, that adding the compound interest for 5 years and 2 years together, will produce the compound interest for 7 years ; but it will answer to add the compound interest on any two or more given sums together, for one ...
Lyman Preston, 1834
4
Mathematical Interest Theory
(1.5) Compound interest (1) Alice invests $2,200. Her investment grows according to compound interest at an annual effective interest rate of 4% for T years, at which time it has accumulated to $8,000. Find T. (2) Elliott received an inheritance ...
Leslie Vaaler, James Daniel, 2009
5
Quicksmart Maths for Business and Finance
With compound interest we find that the interest earned during any given time period is added to the principal, and then it is this new amount (principal plus interest) that earns interest during the next time period, and so on. When interest is ...
J. Gosling, 1995
6
Theory of compound interest and annuities, with logarithmic ...
Fédor THOMAN. 881,2896 fr. 4,7817 8 =876,5<>79 10g 8 =1,94175-59 log :zS = 7,987! r.08 log 1: =s,<>4435-49 a: =rro.752,8 number of bonds, 8—10gw =2, 9556451 902,91115 fr. price of each bond; therefore the number of obligations is  ...
Fédor THOMAN, 1859
7
Tables of Compound Interest and Annuities ... With rules for ...
Andrew Hugh TURNBULL.
Andrew Hugh TURNBULL, 1863
8
Burritt's universal multipliers for computing interest, ...
COMPOUND INTEREST. Money is reckoned at Compound Interest, when the amount of principal and interest for the first year, is made the principal for the second ; and the amount of the second year, is made the principal for the third year ...
Elijah Hinsdale Burritt, 1830
9
The Accountancy of Investment; Including a Treatise on ...
We are republishing these classic works in affordable, high quality, modern editions, using the original text and artwork.
Charles Ezra Sprague, 2011
10
A New Compleat and Universal System Or Body of Decimal ...
i What Compound Interest is, I have already fliewn in the The or et ical Part of this Doctrine ; and from the said Theory it also appears that Tables of Compound Interest are absolutely necessary for those who understand not Logarithms or ...
Benjamin Martin, 2010

10 NEWS ITEMS WHICH INCLUDE THE TERM «COMPOUND INTEREST»

Find out what the national and international press are talking about and how the term compound interest is used in the context of the following news items.
1
What Would You Do with £100000?
... more favourable long-term returns from the stock market compared to cash savings or Gilts, combined with the benefits of compound interest. «Morningstar, Jul 15»
2
Productivity Commission superannuation report highlights older …
"Every year someone defers retirement means an extra year of super contributions, an extra year of compound interest, and one less year of ... «Sydney Morning Herald, Jul 15»
3
Satrix: What is an asset class and how do you choose one?
You should investing as young as you possibly can and here, I would refer to our podcast on compound interest to understand why. There is ... «BizNews, Jul 15»
4
Study: Gen Xers See High Debt As A Way Of Life
... in retirement, not only because they are not saving much now but they are missing the extra dollars compound interest on savings brings in. «Financial Advisor Magazine, Jul 15»
5
Tips to fix your financial incapability
Financial literacy is formal knowledge of all things money, like understanding how to calculate compound interest. But the financially literate ... «Stuff.co.nz, Jul 15»
6
3 Financial Realities New Grads Have to Face
Because compound interest needs time to grow. Barbara Friedberg, writing for GoodFinancialCents.com, provides a simple chart that displays ... «Huffington Post, Jul 15»
7
Interrogating TFSA - what we have learnt
CHRISTOPHER DUVAL: Well it is you know, we always have the challenge of how do you simplify compound interest and let's show people ... «Moneyweb.co.za, Jul 15»
8
Try different tactic in fighting war on poverty
If they did, they would optimize the amount of money they put in tax-fee savings and take full advantage of compound interest. Using this same ... «Philly.com, Jul 15»
9
Quantitative Aptitude Quiz
The difference between the compound interest and simple interest on Rs 10000 for 2 yrs is Rs 25. The rate of interest per annum is. (a) 5% (b) ... «PaGaLGuY, Jul 15»
10
You Have to Be Conscious to Deny Consciousness, and Other …
... checked out against the real world by seeing how it works in applications as diverse as wave mechanics, half-lives, and compound interest. «Discovery Institute, Jul 15»

REFERENCE
« EDUCALINGO. Compound interest [online]. Available <https://educalingo.com/en/dic-en/compound-interest>. Apr 2024 ».
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