72 Rule

Business, Legal & Accounting Glossary

Definition: 72 Rule

72 Rule

Full Definition of 72 Rule

The estimation of doubling time on an investment, for which the compounded annual rate of return times the number of years must equal roughly 72 for the investment to double in value. For example, an investment earning roughly 7% per year will double in value in 10 years — specifically, 72 divided by 7 is approximately 10. Also called rule of 72.

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Page URL
Modern Language Association (MLA):
72 Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 03, 2021 https://payrollheaven.com/define/72-rule/.
Chicago Manual of Style (CMS):
72 Rule. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/72-rule/ (accessed: December 03, 2021).
American Psychological Association (APA):
72 Rule. PayrollHeaven.com. Retrieved December 03, 2021
, from PayrollHeaven.com website: https://payrollheaven.com/define/72-rule/

Definition Sources

Definitions for 72 Rule are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 13th November, 2021 | 0 Views.