Definition
Compounding growth is where investors can earn returns on their returns, aka interest on their interest. This exponential growth is like a snowball effect, rolling through the years, potentially picking up returns on returns. Learn more about this 'eighth wonder of the world'.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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