compound interest

Noun

Meaning

interest calculated on both the principal and the accrued interest

Synonyms

Hypernyms

Examples

Both a priori reasoning and experience teach us that as as these funds grow larger the geometrical rate of growth by compound interest ultimately defeats itself. Benjamin Graham

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it. Albert Einstein

The more we progress the more we tend to progress. We advance not in arithmetical but in geometrical progression. We draw compound interest on the whole capital of knowledge and virtue which has been accumulated since the dawning of time. Arthur Conan Doyle

The drafts which true genius draws upon posterity, although they may not always be honored so soon as they are due, are sure to be paid with compound interest in the end. Charles Caleb Colton

Compound interest is proof of gods existence. Jeff Rich

Habits are the compound interest of self-improvement. James Clear

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