compound interest Meaning in the Cambridge English Dictionary
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Meaning of “compound interest” in the English Dictionary

"compound interest" in Business English

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compound interestnoun [U]

uk   us  
FINANCE interest that is ​calculated on both the ​amount of ​moneyinvested or ​borrowed and on the ​interest that has been ​added to it: Thanks to the ​power of ​compoundinterest, every €1 you ​invest in your 20s is ​worth €2 in your 30s and €3 in your 40s.
(Definition of compound interest from the Cambridge Business English Dictionary © Cambridge University Press)
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