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Definition of compound interest noun from the Oxford Advanced Learner's Dictionary

compound interest

noun

/ˌkɒmpaʊnd ˈɪntrəst/,

/ˌkɒmpaʊnd ˈɪntrest/

/ˌkɑːmpaʊnd ˈɪntrəst/,

/ˌkɑːmpaʊnd ˈɪntrest/

[uncountable]

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interest that is paid both on the original amount of money saved and on the interest that has been added to it compare simple interest

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See compound interest in the Oxford Advanced American Dictionary

Check pronunciation: compound interest

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