compound interest
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 270 U.S. 476 - Cherokee Nation v. United States · 1926Most cited · 182 citing opinions
What the appellant here seeks is compound interest; that is, interest on interest from 1895 until now. The general rule, even as between private persons, is that, in the absence of a contract therefor or some statute, compound interest is not allowed to be computed upon a debt.
How often courts cite the case defining “compound interest”
Court decisions citing the opinion that defined “compound interest” — 182 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.