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compound definition - legal

v

  1. To determine the interest on the principal and on whatever interest has already accrued.
  2. To settle a claim or debt for an amount less than what is alleged to be due.
  3. To agree, in exchange for consideration, not to prosecute a crime or seek punishment for the convicted criminal. See also compounding a crime.

Webster's New World Law Dictionary Copyright © 2006 by Wiley Publishing, Inc., Hoboken, New Jersey.
Used by arrangement with John Wiley & Sons, Inc.

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