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

译者Mathew，国际知名法学院国际仲裁与争端解决专业，擅长翻译各种与美国国内仲裁相关的法律文件。