Compound interest
Commercial property & real-estate term
As opposed to simple interest. The accumulation of interest on a loan over time where interest is charged not only on the principal of the loan but also on all interest accrued against the principal to the end of the last compound period.
Part of the Commercial Property glossary — plain-English definitions of the terms you meet when leasing, buying or selling commercial space in South Africa. See also our how-to guides.
More terms under “C”
Conversion clause Capital loss Central business district (cbd) Comparables Ceiling Collateral mortgage Cash-out refinance Capital gain