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compound interest in Irish

compound interest in Irish is ús iolraithe — compound interest means interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.

compound interest in Irish

ús iolraithe
noun
(banking, finance) Interest, as on a loan or a bank account, that is calculated on the total on the principal plus accumulated unpaid interest.

What does "compound interest" mean?

  1. noun Interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.
    "With compound interest, the balance grew faster in its final five years than in its first fifteen."
  2. noun The general effect by which any quantity that grows on its own accumulated total increases at an accelerating pace. Used figuratively outside finance.
    "He described daily practice as compound interest for the brain."
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compound interest in a sentence

  • With compound interest, the balance grew faster in its final five years than in its first fifteen.
  • Credit card debt builds through compound interest, so the amount owed rises on interest already charged.
  • He described daily practice as compound interest for the brain.

Common Irish translations

Frequently asked questions

What is "compound interest" in Irish?

"compound interest" in Irish is ús iolraithe. compound interest means: Interest worked out not only on the original sum of money but also on the interest already added to it, so that the amount grows by a larger cash figure in each successive period.

How do you use "compound interest" in a sentence?

Example: "With compound interest, the balance grew faster in its final five years than in its first fifteen." In Irish, "compound interest" is ús iolraithe.

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Translations from WikDict, CC BY-SA · example sentences from Tatoeba, CC BY 2.0 FR.