compound

(redirected from compound interest rate)
Also found in: Dictionary, Thesaurus, Medical, Financial, Encyclopedia.
Related to compound interest rate: Simple Interest Rate

compound

to agree not to prosecute or proceed in return for a consideration.
Collins Dictionary of Law © W.J. Stewart, 2006
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.