Glossary entry (derived from question below)
English term or phrase:
accrued interest
English answer:
interest that has accumulated over a period of time
Added to glossary by
Kim Metzger
Mar 21, 2005 03:19
19 yrs ago
34 viewers *
English term
L.G.
accrued interest
English
Bus/Financial
Finance (general)
finance
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| 4 +5 | definition |
Kim Metzger
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Responses
+5
8 mins
Kim Metzger
Mexico
Mexico
Native in English
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English
Mexico
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Native in: English (Variant: US) 
Works in: German to English
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definition
Accrued Interest
The interest due on a bond since the last interest payment was made. The buyer of the bond pays the market price plus accrued interest.
http://www.fromallangles.com/glossary/investing/terms/accrue...
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Note added at 11 mins (2005-03-21 03:31:10 GMT)
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ACCRUED INTEREST
INTEREST that has accumulated over a period of time and is obligated to be paid but has not yet been paid. Accrued interest can either be income, such as interest from investments, or it can be an expense, such as payment of interest on a debt.
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