clean price definition

clean price

Securities market term for the quoted price of a bond that does not include the interest accrued on the bond. However, to purchase the bond, a buyer will have to pay the quoted price plus the accrued interest (called the dirty price). Common in the UK and elsewhere, but not in the US.

clean price is in the Investing and Securities & Futures Trading subjects.

clean price appears in the definition of the following term: dirty price

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