Anatocism
Defined in 7 dictionaries — Cyclopedic (1922), Ballentine's (1916), Bouvier (1914), Black's (1910), Black's (1891), Burrill (1850), Bouvier (1839)
The Cyclopedic Law Dictionary
Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
In civil law. Taking Interest on interest; receiving compound interest.
Ballentine's Law Dictionary
James A. Ballentine · 1916
Bouvier's Law Dictionary and Concise Encyclopedia
John Bouvier; revised by Francis Rawle · 1914
In Civil Law. Taking interest on interest; receiving compound interest,
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
A Dictionary of Law
Henry Campbell Black · 1891
In the civil law. Repeated or doubled interest; compound interest; usury. Cod. 4, 32, 1, 30.
A New Law Dictionary and Glossary
Alexander M. Burrill · 1850
[Lat. anatocismus, Gr. anatokismos, from ana, again, and tokos, interest.] In the civil law. Repeated, or doubled interest; compound interest. Cod. 4. 32. 1. 30.
A Law Dictionary, Adapted to the Constitution and Laws of the United States
John Bouvier · 1839
in the ctril law, is usury which consists in taking interest on interest, or receiving compound interest. This is forbidden. Code, lib. 4, t. 32, 1. 30. 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 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 seq.