Used in accounting to refer to interest that has effectively been paid to a bondholder, even though no money has actually been paid.
Similar Matches
Amortizing interest rate swap
Amortizing interest rate swap Swap in which the principal or notional amount rises (falls) as interest rates rise (decline).
And interest
And interest An indication that the buyer will receive accrued interest in addition to the price quoted for a bond.
Any interest date
Any interest date A call provision in a municipal bond indenture that establishes the right of redemption for the issuer on any interest payment due date.