compound interest

Interest paid on both the principal and the previously accumulated interest. Cf. simple interest. [Cases: Interest 60; Usury 49. C.J.S. Interest and Usury; Consumer Credit§§ 6, 71, 156.]

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词条贡献者

译员Roger，毕业于欧洲一流的高级翻译学院，专注翻译各种与公共及基础设施融资有关的法律文件。