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Compounding |
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Compounding The ability of an asset to generate earnings that are then reinvested and generate their own earnings. Notes: Making interest on interest, the power of compounding interest is truly magical. At 15% interest for 25 years, $10,000 would grow to $330,000!Compounding The process of accumulating the time value of money forward in time. For example, interest earned in one period earns additional interest during each subsequent time period. |
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? Mentioned in | ? References in periodicals archive | |
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Last year, patients and their families sued a Fredericksburg, Virginia, hospital and the compounding pharmacy that made a contaminated drug that doctors used in heart bypass surgery. ``We're aware of the increase, but I only have one of those employees,'' said Earl Broidy, owner of Panorama Compounding Pharmacy in Van Nuys. AnazaoHealth[R] Corporation announced today that it has purchased the assets of Kronos[R] Compounding Pharmacy located in Las Vegas, NV. |
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