Compound Interest definition

Compound Interest shall have the meaning set forth in Section 4.1.
Compound Interest means the interest rate and method of calculation that are set out or prescribed under the Interest on Overdue Accounts Receivable Regulation under the Financial Administration Act;
Compound Interest has the meaning set forth in Section 205(a).

Examples of Compound Interest in a sentence

  • Explanation: Estimate of two-years costs of Postgraduate Medical Education, plus Compound Interest.

  • Explanation: Estimate of three-years costs of Postgraduate Medical Education, plus Compound Interest.

  • If the Lender demands it, the Borrower must pay the Lender the Compound Interest immediately.

  • Compound Interest is payable both before and after the Balance Due Date or maturity date, before and after default, and before and after any court judgment the Lender obtains against the Borrower.

  • Indebtedness also includes, without limitation, all interest and Compound Interest accrued on all the foregoing amounts.


More Definitions of Compound Interest

Compound Interest mentioned above include the interest (including the default interest of breach) due and unpaid occurred during the loan term and the interest (including the default interest of breach and default interest of delay) due and unpaid occurred upon the expiration of loan term. The compound rate of the interest due and unpaid occurred during the loan term shall be calculated on the basis of interest rate agreed by the Parties during the loan term, and shall be calculated on the basis of delay repayment upon the expiration of loan term.
Compound Interest means Compound Interest defined in Article 4.2;
Compound Interest means interest calculated with yearly rests (or such shorter rests as the trustee company may decide) on the amount of principal and interest accrued at the commencement of the year (or other shorter period), with no interest being allowed on any addition to principal or accruing interest since the commencement of that year or period.
Compound Interest has the meaning set forth in Section 2.11(a).
Compound Interest has the meaning set forth in paragraph 3(a).
Compound Interest shall have the meaning specified in Section 11.1.
Compound Interest is defined in the Statement of Common Definitions.