accrued interest
Definition
Interest earned but not received (realized). For example, bonds usually pay interest every six months, therefore interest accrues between one interest payment and the next. The buyer of a bond pays its market value plus the interest earned up to the settlement date.
accrued interest is in the Accounting & Auditing, Banking, Commerce & Finance and Investing subjects.
accrued interest appears in the definitions of the following terms: troubled debt restructuring, market price, clean price, flat bond, income bond, letter of demand, accounts payable (A/P), classified loan and and interest
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