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What (who) is accrued interest - definition
Accrued interest
MONEY EARNED ON AN INVESTMENT WITH INTEREST
In accounting accrued interests are generally computed and recorded at the end of a specific accounting period as adjusting journal entries used in accrual-based accounting.
interest rate
PERCENTAGE OF A SUM OF MONEY CHARGED FOR ITS USE
Interest rates; Interest Rate; Negative interest rates; Negative interest rate; Euro area interest rate; Euro-area interest rate; Certificate of confiscation; Negative spread; Low-interest loan; Negative interest-rate policy; NIRP; Market interest rate; Interest Rates
The interest rate is the amount of interest that must be paid. It is expressed as a percentage of the amount that is borrowed or gained as profit.
The Finance Minister has renewed his call for lower interest rates.
N-COUNT
Interest rate
PERCENTAGE OF A SUM OF MONEY CHARGED FOR ITS USE
Interest rates; Interest Rate; Negative interest rates; Negative interest rate; Euro area interest rate; Euro-area interest rate; Certificate of confiscation; Negative spread; Low-interest loan; Negative interest-rate policy; NIRP; Market interest rate; Interest Rates
An interest rate is the amount of interest due per period, as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The total interest on an amount lent or borrowed depends on the principal sum, the interest rate, the compounding frequency, and the length of time over which it is lent, deposited, or borrowed.
Examples of use of accrued interest
1. The $84 million plus accrued interest is likely to be spent on educational scholarships and small projects.
2. Sentenced to prison and ordered to repay the stolen funds, which amount to YTL 1 million plus accrued interest, he was subseq...
3. The figures will include management fees, dividends, and accrued interest. (Ram Dagan) Kafrit getting into Chinese plastics Kafrit Industries‘ board has approved a binding memorandum of understanding signed last week with Silon, to buy 51% of the shares in Silon subsidiary Silon Holding, a Swiss company that owns the Chinese company Suzhou Constab Eng.
4. The University of California, Berkeley, for example, says that 1,000 of its middle– to upper–middle–class students will probably lose eligibility for federal subsidies on their student loans in the coming year, a change that typically means higher debts because of accrued interest.