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Ordinary interest

The financial definition for Ordinary interest:

Interest based on a 360-day year instead of a 365-day year, resulting in what can be a significant difference.




Similar Matches

Extraordinary call

Extraordinary call
Early redemption of a revenue bond because the revenue source paying the interest on the bond has been eliminated or has disappeared.


Extraordinary item

Extraordinary item
An unusual and unexpected one-time event that must be explained to shareholders in an annual or quarterly report, e.g., write down for a discontinued operation, employee fraud, a lawsuit, or other one-time events. Results are often presented with and without these items. The logic of excluding these items is that investors a better notion of future performance if one-time events are excluded.


Extraordinary positive value

Extraordinary positive value
A positive net present value.


Further Suggestions

Ordinary income
Ordinary shares


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