compounded monthly

German translation: monatlich aufgezinst

18:42 Oct 7, 2019
English to German translations [PRO]
Bus/Financial - Accounting / Verzugszinsen
English term or phrase: compounded monthly
Customer shall pay interest on all late payments at the rate of 6% per year, calculated daily and *compounded monthly*.

TIA!
Esther Pugh
United States
Local time: 19:17
German translation:monatlich aufgezinst
Explanation:
Was spricht gegen "aufgezinst" ("aufzinsen" findet man in jedem Wörterbuch für "compound")
Selected response from:

Kay-Viktor Stegemann
Germany
Local time: 01:17
Grading comment
Danke dir!
4 KudoZ points were awarded for this answer



Summary of answers provided
3 +2monatlich aufgezinst
Kay-Viktor Stegemann
3 +1monatlich verzinseszinst
Alexandra Hirsch (X)


  

Answers


1 hr   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +1
monatlich verzinseszinst


Explanation:
Eine Form der unterjährigen Verzinseszinsung (compound interest).

Alexandra Hirsch (X)
Austria
Local time: 01:17
Native speaker of: Native in GermanGerman

Peer comments on this answer (and responses from the answerer)
agree  Heike Kurtz: ich würde allerdings das Wort "verzinseszinst" vermeiden und umschreiben (Zinseszins wird monatlich ermitelt und angewandt o. ä)
9 hrs
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16 hrs   confidence: Answerer confidence 3/5Answerer confidence 3/5 peer agreement (net): +2
monatlich aufgezinst


Explanation:
Was spricht gegen "aufgezinst" ("aufzinsen" findet man in jedem Wörterbuch für "compound")

Kay-Viktor Stegemann
Germany
Local time: 01:17
Native speaker of: German
PRO pts in category: 12
Grading comment
Danke dir!

Peer comments on this answer (and responses from the answerer)
agree  Adrian MM.: You beat me to it, wobei 'compound vs. composite interest' doch Zinseszins nach Heike bedeutet eng.proz.com/kudoz/english-to-german/finance-general/2136523-to-be-compounded-at-three-monthly-rests.html
3 mins
  -> Ja, natürlich. Die "Zinseszinsen" stecken im Wort "aufzinsen" ja auch drin. https://de.wikipedia.org/wiki/Abzinsung_und_Aufzinsung

agree  Steffen Walter
2 hrs
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