In a 1994 course syllabus, writer David Foster Wallace encouraged his students to be sedulous in their proofreading. Continue reading... There are a couple of words that basically mean the same thing as sedulous but are a little more common, namely assiduous, painstaking, and diligent.
Definition of an investment interest expense. When you borrow money to buy property for investment purposes, any interest you pay on that borrowed money becomes an investment interest expense.. For example, say you take out a $5,000 loan against your home equity and use the money to buy stock. The interest on that loan is investment 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. Compound interest is standard in finance and economics. Compound interest may be contrasted with simple interest, where interest is not added to the principal, so there is no compounding. The simple annual interest rate is the interest amount per period, multiplied by the number of periods per year.