compound

Definitions of "compound"
  1. The act of settling an offense by accepting a certain benefit instead of proceeding with legal action
  2. A method of calculating interest where the sum is based on the original principal as well as any interest that has previously been added
How to use "compound" in a sentence
  1. The victim decided to compound with the offender to avoid a lengthy trial.
  2. Bankers often compound interest on loans to maximize profits.
  3. Compounding offenses can result in expedited resolution of legal disputes.
Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z