Precompute

(redirected from Precomputing)
Also found in: Dictionary.

Precompute

Method of charging interest in which the annual interest is either deducted from the face amount of the loan when the funds are distributed or is added to the total amount and divided into the regular payments.

Precompute

To calculate the annual interest owed on a loan by either deducting the annual interest from the face amount of the loan, or adding the compound interest together and dividing it out equally over 12 monthly periods. This means that the effective interest paid will be higher than the stated amount on the loan. Because of this, most jurisdictions require lending institutions using precomputation to express the interest rate in simple interest terms.
Mentioned in ?
References in periodicals archive ?
Since we know that windows are important contributors to illumination, we can turn them into secondary light sources, precomputing and smoothing their output distributions for efficient rendering.
As precomputing pairing operations increases the performance and lowers the computational effort, we also give data regarding precomputation.
We conclude that if no additional memory is used for precomputing the entries of the matrix B, the Gaussian window function in conjunction with the flag FG_PSI performs best; cf.