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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复利 compare simple interest