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compound interest
used in Middlemarch

2 uses
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Definition
interest calculated on both the initial amount and on previous interest earned;

Example:  $100 invested at 10% interest would earn $10 per year, but if interest is compounded annually, it would earn $11 the second year
  • I'm of sound mind—can reckon compound interest in my head, and remember every fool's name as well as I could twenty years ago.
    Book 1 — Miss Brooke (90% in)
  • Poor Mr. Casaubon had imagined that his long studious bachelorhood had stored up for him a compound interest of enjoyment, and that large drafts on his affections would not fail to be honored; for we all of us, grave or light, get our thoughts entangled in metaphors, and act fatally on the strength of them.
    Book 1 — Miss Brooke (69% in)

There are no more uses of "compound interest" in Middlemarch.

Typical Usage  (best examples)
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