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 April 6, 2020 · Last modified April 7, 2020
by Mike Rawson · Published March 3, 2023
by Mike Rawson · Published September 7, 2020
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When a man with money meets a man with experience, the man with experience leaves with money and the man with money leaves with experience.