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Examples of compound interest in a Sentence
Recent Examples on the Web
Make sure to start saving for retirement early so your money has more time to grow with the power of compound interest.
—Danielle Chemtob, Forbes, 18 Oct. 2024
Making the case for saving and investing Use this opportunity to explain how compound interest works, showing them how even small amounts can grow over time.
—Winnie Sun, CNBC, 13 Oct. 2024
Even modest, consistent investments can benefit from compound interest, significantly increasing your wealth in the long run.
—True Tamplin, Forbes, 4 Oct. 2024
Stories of rollover IRAs wallowing in cash for decades, and missing out on hundreds of thousands of dollars in compound interest, are the stuff of nightmares, some financial advisers said.
—Daniel De Visé, USA TODAY, 2 Oct. 2024
See all Example Sentences for compound interest
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'compound interest.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Word History
First Known Use
1660, in the meaning defined above
Time Traveler
The first known use of compound interest was
in 1660
Dictionary Entries Near compound interest
Cite this Entry
“Compound interest.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/compound%20interest. Accessed 31 Oct. 2024.
Kids Definition
compound interest
noun
: interest paid or to be paid both on the principal and on accumulated unpaid interest
Legal Definition
compound interest
see interest sense 5
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