compound rate meaning
[Business]
noun [C]
noun [C]
(Accounting )
the percentage of interest on an amount of money which includes interest that has already been added
Examples
More: Next- annual compound rate
- the global market is large and growing at a compound rate approaching double figures
- others measure the difference between the compound rate of growth on stocks and the interest rate
- Anything higher tends to increase the debt at a compound rate.
- The yields are compound rates calculated on an annualized basis, including reinvested dividends.