- accrued interest
n.Interest due on the principal.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
- accrued interest
The interest being earned or accruing day to day on a loan or similar financial instrument. When the loan is repaid, the price payable will equal the aggregate of the value of the loan plus any interest which has been earned on the loan but not yet been paid.Related links
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
accrued interest — Interest earned between the most recent interest payment and the present date but not yet paid to the lender. Chicago Board of Trade glossary Interest that has been earned but not yet paid. For example, the interest earned by a bondholder between … Financial and business terms
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Accrued interest — The accumulated coupon interest earned but not yet paid to the seller of a bond by the buyer (unless the bond is in default). The New York Times Financial Glossary * * * accrued interest accrued interest ➔ interest * * * The interest accruing… … Financial and business terms
Accrued interest — An ISO term. The interest that has been earned but not yet been paid. The number of days, when needed (for example in case of bonds), the currency code, and the amount of accrued interest to be added or to be deducted. [3n] 3a 15d. Interest… … International financial encyclopaedia
accrued interest — noun : interest earned since last settlement date but not yet due or payable * * * interest accumulated at a given time but not yet due or paid. * * * accrued interest, interest that has accumulated at a given time but has not yet been paid … Useful english dictionary
accrued interest — /əˌkru:d ɪntrəst/ noun interest which has been earned by an interest bearing investment ● Accrued interest is added quarterly … Dictionary of banking and finance
accrued interest — interest accumulated at a given time but not yet due or paid. * * * … Universalium
accrued interest — accumulated interest, interest which has built up over a period of time … English contemporary dictionary
accrued interest — Fin the amount of interest earned by a bond or similar investment since the previous interest payment … The ultimate business dictionary