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Anatocism

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Translation anatocism into russian

anatocism
Noun
raiting
Anatocism is the practice of charging interest on top of interest.
Анатокизм — это практика начисления процентов на проценты.

Definitions

anatocism
Noun
raiting
The practice of charging interest on previously accrued interest.
The bank's policy of anatocism led to a significant increase in the total amount owed by the borrower.

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