Interest that is due on a bond since the last Interest payment was made. Interest payments on bonds are usually made every six months, but interest is accrued by bondholders on a daily basis. Accrued interest is the amount of interest that has accrued but has not been paid.
Browse by Subjects
Effective call price
See All Related Terms »
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):