The multiplicative and additive compounds of a matrix play an important role in geometry, multi-linear algebra, the asymptotic analysis of nonlinear dynamical systems, and in bounding the Hausdorff dimension of fractal sets. These compounds are defined for integer values of . Here, we introduce generalizations called the multiplicative and additive compounds of a square matrix, with real. We study the properties of these new compounds and demonstrate an application in the context of the Douady and Oesterl'{e} Theorem. This leads to a generalization of contracting systems to contracting systems, with real. Roughly speaking, the dynamics of such systems contracts any set with Hausdorff dimension larger than . For they reduce to standard contracting systems.

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