Word:

Anatocism

A`nat´o`cism
n.1.(Law) Compound interest.

ANATOCISM, civil law. Usury, which consists in taking interest on interest, or receiving compound interest. This is forbidden. Code, lib. 4, t. 32, 1, 30; 1 Postlethwaite's Dict.
     2. Courts of equity have considered contracts for compounding interest illegal, and within the statute of usury. Cas. t. Talbot, 40; et vide Com. Rep. 349; Mass. 247; 1 Ch. Cas. 129; 2 Ch. Cas. 35. And contra, 1 Vern. 190. But when the interest has once accrued, and a balance has been settled between the parties, they may lawfully agree to turn such interest into principal, so as to carry interest in futuro. Com. on Usury, ch. 2, s. 14, p. 146 et eq.

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Anathema Maranatha
Anathematic
anathematisation
anathematise
Anathematism
Anathematization
Anathematize
Anathematizer
anathemise
anathemize
Anatidae
Anatifa
Anatifer
Anatiferous
Anatina
Anatine
-- Anatocism --
Anatole France
Anatoli Karpov
Anatoli Yevgenevich Karpov
Anatolia
Anatolian
Anatolian language
Anatomic
anatomical
anatomical reference
anatomical sphincter
anatomical structure
Anatomically
anatomise
Anatomism
Anatomist
Anatomization
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