- 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
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* * *The interest accruing on a security since the previous coupon date. If a security is sold between two payment dates, the buyer usually compensates the seller for the interest accrued, either within the price or as a separate payment.
* * *accrued interest UK US noun [U] ACCOUNTING, FINANCE► interest for a particular period that has not been paid or received: »
The loan of $62,500 plus accrued interest was repaid in full in September.»
At any time after April 9, the bonds are redeemable at 100% of the principal amount, together with accrued interest.
Financial and business terms. 2012.
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
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 ea … Law dictionary
Accrued interest — In finance, accrued interest is the interest that has accumulated since the investment, or since the previous interest payment if there has been one already. For a financial instrument such as a bond, interest is calculated and paid in set… … Wikipedia
Accrued Interest — 1. A term used to describe an accrual accounting method when interest that is either payable or receivable has been recognized, but not yet paid or received. Accrued interest occurs as a result of the difference in timing of cash flows and the… … Investment dictionary
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