accrued interest

Related Terms
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.

Use 'accrued interest' in a Sentence

It's not the principal amount of the student loan that causes the most trouble, it's the accrued interest that piles up while you are getting your career off the ground.
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Sometimes you may get some accrued interest and can budget that money into what you use for a new project.
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There was a lot of accrued interest that stacked up on the item and that gave me nightmares because I could not stand interest.
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