Translation of Anatocism into russian. Definitions, Examples.

Translation of "anatocism" into Russian

Noun

anatocism

anatocisms pl

Anatocism is the practice of charging interest on top of interest.

Анатокизм — это практика начисления процентов на проценты.

Noun

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.

Compound interest itself; interest that is periodically added to the principal so that subsequent interest is calculated on the increased sum.

Under the contract, the loan would accrue anatocism, dramatically increasing the balance over time.