Interest

Findthousandsoffinancialtermsatwww. ftpall. com Financial Terms related to Interest This document is part of the valuable contents available at www. ftpall. com, a free online glossary with more than five thousand financial and business terms. This... More

Findthousandsoffinancialtermsatwww. ftpall. com Financial Terms related to Interest This document is part of the valuable contents available at www. ftpall. com, a free online glossary with more than five thousand financial and business terms. This document can be copied and distributed freely respecting its original format. It is forbidden its transcription, translation or change on its format without authorization of its author or editor. INTEREST Accrued interest • Is the amount of interest which has accumulated since the last coupon interest payment. It is the amount of interest which the holder is entitled but is not due until the payment date. The buyer pays the seller of the bond the accrued interest. • The accumulated coupon interest earned but not yet paid to the seller of a bond by the buyer (unless the bond is in default). • Interest due from issue or from the last coupon date to the present on an interestbearing security. The buyer of the security pays the quoted do Less