dirty price |
|
Definition
Securities market term for the quoted price of a bond that includes the interest accrued on the bond. Therefore (unlike in case of the clean price), a buyer only has to pay the quoted price to purchase the bond. Common in the UK and elsewhere, but not in the US.
email to a friend
print this definition
cite this definition
link to this page
dirty price is in the Banking, Commerce & Finance, Investing and Securities & Futures Trading subjects.
This content can be found on the following page:
http://www.businessdictionary.com/definition/dirty-price.html