Compounding
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Indexby Mike Rawson ·
The addition of interest to a loan (or returns to an investment) to give a higher base amount which attracts yet more interest (or returns) in the next period.
« Back to Glossary Index
by Mike Rawson · Published February 14, 2018
by Mike Rawson · Published May 11, 2016 · Last modified December 17, 2019
by Mike Rawson · Published March 2, 2017 · Last modified June 18, 2020
More
Compound interest is the eighth wonder of the world.