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What does Compound Interest mean?

Interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.

Compound Interest in a sentence
Albert Einstein reportedly called compound interest the eighth wonder of the world.

Compound Interest in German, French, Spanish and Italian

German
Zinseszins

Zinsen, die auf fällige, aber noch nicht ausgezahlte Zinsen berechnet werden.

French
Intérêts composés

Calcul des intérêts sur le capital initial et sur les intérêts accumulés.

Spanish
Interés compuesto

Interés que se suma al capital inicial para generar nuevos intereses.

Italian
Interesse composto

Sistema di calcolo dell'interesse anche sugli interessi già maturati.

Synonyms and opposites for Compound Interest

  • Synonym Interest on interest
  • Opposite Simple interest

More Economics terms

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