CAPITALIZED INTEREST
\kˈapɪtə͡lˌa͡ɪzd ˈɪntɹəst], \kˈapɪtəlˌaɪzd ˈɪntɹəst], \k_ˈa_p_ɪ_t_əl_ˌaɪ_z_d ˈɪ_n_t_ɹ_ə_s_t]\
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The accrued interest that is added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due. When this happens, you end up paying interest on interest, sometimes called "negative amortization."
By Oddity Software
Word of the day
Dopamine Acetyltransferase
- An enzyme that catalyzes the of groups from acetyl-CoA to arylamines. They have wide specificity for aromatic amines, particularly serotonin, and can also catalyze acetyl transfer between arylamines without CoA. EC 2.3.1.5.
Nearby Words
- capitalistic
- capitalization
- capitalize
- capitalize on
- capitalized
- capitalized interest
- capitalizing
- capitally
- capitalness
- capitan
- capitan pasha