anatocism
|a-na-to-cism|
C2
/əˈnætəsɪzəm/
interest on interest
Etymology
Etymology Information
'anatocism' originates from Greek, specifically the word 'anatokismos,' where 'ana-' meant 'again' and 'tokos' meant 'interest.'
Historical Evolution
'anatokismos' was adopted into Late Latin as 'anatocismus,' and eventually became the modern English word 'anatocism.'
Meaning Changes
Initially, it meant 'charging interest on interest,' and this meaning has remained the same in modern usage.
Meanings by Part of Speech
Noun 1
the practice of charging interest upon interest, especially compound interest.
Anatocism is prohibited in some financial systems due to its compounding effect on debt.
Synonyms
Antonyms
Last updated: 2025/07/31 15:06
