Cumulative interest is the sum of all interest payments to date or over the life of the loan. This is an incomplete measure of the cost of credit to the borrower because it does not include up-front cash payments, and it is not adjusted for the time value of money.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). cumulative interest. Retrieved September 22, 2026, from http://smartdefine.org/cumulative_interest/definitions/1151244 |
| Chicago | Barry Goldsmith. 2010. "cumulative interest" http://smartdefine.org/cumulative_interest/definitions/1151244 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, cumulative interest, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/cumulative_interest/definitions/1151244>. |
| MLA | Barry Goldsmith. "cumulative interest" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/cumulative_interest/definitions/1151244> |