compound

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Related to compound interest rate: Simple Interest Rate

compound

to agree not to prosecute or proceed in return for a consideration.
References in periodicals archive ?
Armed with a financial calculator, the analyst uses the financial keys to yield the compound interest rate. The keystrokes are standard:
Also, they have agreed to apply mark up after 90 days of non-payment instead of existing 35 days while the mark up would now also be payable on outstanding amount once instead of compound interest rate.
Ideally already with their first wage payment , Quitt advises, as even those who can initially put only small amounts aside are able to increase them more effectively by benefiting from compound interest rate effects.