Compound, Compound Interest, Comprehensive, Comprehensive Liability

Compound, Compound Interest, Comprehensive, Comprehensive Liability :

Compound : To aggravate something or add to a particular thing in order to increase it, for example, the problem was compounded because of mishandling.

Compound Interest : when the principal amount is added to the interest to form the principle amount for the calculation of the next interest. It is the interest that is earned on the interest.

Comprehensive : Usually, means something, which is inclusive of all the relevant facts : an imitation of the final layout for an advertisement. Also called Comp. Insurance policy that covers a variety of risks for a large or small number of assets.

Comprehensive Liability : an insurance policy offering a variety of protection for neglect, repair of damaged property or medical expenses incurred in the treatment of injury to an individual. Comprehensive business or against any damage or accidents caused to the property of the company. Comprehensive personal liability insurance : an insurance policy which guards the individual and his family against any losses incurred on the individual’s property


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