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 August 13, 2020 · Last modified September 23, 2020
by Mike Rawson · Published June 27, 2019 · Last modified October 26, 2020
by Mike Rawson · Published November 1, 2015 · Last modified February 8, 2017
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There is nothing noble in being superior to your fellow man; true nobility is being superior to your former self.