accrued interest
accumulated interest, interest which has built up over a period of time
Accrued interest
Accrued interest
Applies mainly to convertible securities.
Interest that has accumulated between the most recent payment and the sale of a
bond or other fixed-income
security. At the time of sale, the buyer pays the seller the
bond's price plus "accrued interest," calculated by multiplying the
coupon rate by the fraction of the
coupon period that has elapsed since the last payment. (If a
bondholder receives $40 in
coupon payments per bond semiannually and sells the bond one-quarter of the way into the coupon period, the buyer pays the seller $10 as the latter's proportion of interest earned.)
Accrued Interest
Interest that has accumulated in accordance with the terms of a Promissory Note, but which has not yet been paid by the promisor to the payee.
ACCRUED INTEREST
INTERESSI MATURATI. RATEI DI FRUTTI MATURATI. DIETIMI
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