compound-interest method

noun

Definition of compound-interest method

: a method of determining (as a provision for annual depreciation of an asset) a constant amount made up of an amount periodically set aside that with compound interest will equal the original cost plus interest on the declining investment in the asset — compare straight-line method

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Comments on compound-interest method

What made you want to look up compound-interest method? Please tell us where you read or heard it (including the quote, if possible).

WORD OF THE DAY

a sum of money that is sent as a payment

Get Word of the Day daily email!

Test Your Vocabulary

Time Traveler Quiz: Which Word Came First?

  • time traveler quiz which word came first
  • Which came first?
Spell It

Can you spell these 10 commonly misspelled words?

TAKE THE QUIZ
Word Winder's CrossWinder

Test Your Knowledge - and learn some interesting things along the way.

TAKE THE QUIZ
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!