Accrued interest and accrued interest (definition)

Accrued interest and accrued interest (definition)

Definition of accrued interest (accrued interest)


financial and banking term for the interest portion of a marketable debt instrument that has been gained since the previous interest payment. As for companies, accrued interests are expenses or products that will affect the outcome of a year, but can not be received or paid that during the next year.
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