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 May 3, 2017
by Mike Rawson · Published September 28, 2021
by Mike Rawson · Published October 28, 2019 · Last modified May 14, 2020
More
Never look back unless you are planning to go that way.