“interest method”

We have one entry that includes the term interest method.

compound-interest method

noun

: 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


Challenging Words You Should Know

  • hedgehog reading a book
  • Often used to describe “the march of time,” what does inexorable mean?
True or False

Test your knowledge - and maybe learn something along the way.

TAKE THE QUIZ
Play Blossom: Solve today's spelling word game by finding as many words as you can using just 7 letters. Longer words score more points.

Pick the best words!

PLAY
Love words? Need even more definitions?

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