Compound interest. Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously-accumulated interest.
Guanches (also: Guanchis or Guanchetos) refer to the aboriginal Berber inhabitants of the Canary Islands. It is believed that they migrated to the archipelago around 1000 BC or perhaps earlier.
DEFINITION of 'Guanxi'. A Chinese term meaning networks or connections, understood to be a network of relationships designed to provide support and cooperation among the parties involved in doing business. BREAKING DOWN 'Guanxi'.