Latest news from Moulton, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: American (19.8%), Irish (8.5%), English (5.7%), German (4.3%), Scottish (2.3%), Scotch-Irish (1.8%). Current Local Time: CST time zone. Elevation: 650 feet.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.
What is 'Compound Interest'. Compound interest (or compounding interest) is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.