HomeDefinitionsCompareDebt Ordinary interestThe 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 MatchesExtraordinary callExtraordinary callEarly redemption of a revenue bond because the revenue source paying the interest on the bond has been eliminated or has disappeared. Extraordinary itemExtraordinary itemAn 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 valueExtraordinary positive valueA positive net present value. Further SuggestionsOrdinary incomeOrdinary shares Click to compare definitions of Ordinary interest Click to view definitions beginning or |