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Examples of compound interest in a Sentence
Recent Examples on the Web
HOAs are also barred from charging compound interest on overdue assessments.
—Michael L. Hyman, Miami Herald, 8 Apr. 2024
But the bank unlawfully increased the principal balance amounts due on credit cards and charged compound interest on inflated balances, the plaintiffs claim.
—Chase Jordan, Charlotte Observer, 25 Mar. 2024
Saving early is key, given the power of compound interest, but many young workers are strapped by student loans and the high cost of living and thus may not feel able to set away funds.
—Aimee Picchi, CBS News, 20 Mar. 2024
End of carousel Many folks who are wired to save can’t understand those who don’t prioritize building an emergency fund or share their awe at the power of compound interest.
—Michelle Singletary, Washington Post, 16 Feb. 2024
Some 71% own their homes, according to Redfin, and many still have decades until retirement, giving them plenty of time to put a plan together and still reap the benefits of compound interest.
—Alicia Adamczyk, Fortune, 15 Dec. 2023
Tu’s philosophy centers around the idea that time, coupled with compound interest, forms the bedrock of financial growth.
—Laura Begley Bloom, Forbes, 29 Nov. 2023
In solid companies, Mr. Munger and Buffett saw their love of compound interest play out in the form of franchises immune to inflation and with potential for ongoing growth and cash flow.
—Paul Glader, Washington Post, 28 Nov. 2023
Conversations about credit, investments, and loans, for instance, intersect with lessons on compound interest, matrices, and exponential equations.
—Jackie Valley, Fortune, 10 Oct. 2023
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 13 Jun. 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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