ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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COMPOUND INTEREST Definition
COMPOUND INTEREST is interest calculated from the total of original principal plus accrued interest.
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INTERESTED PARTY is any person that has a real and direct interest in any proceeding or action being proposed or taken.
MULTIPLIER is a. the investment multiplier which quantifies the overall effects of investment spending on total income; or, b. the deposit multiplier which shows the effects of a change in bank deposits on the total amount of outstanding credit and the money supply.