bond-basics

Accrued Interest

The dollar amount of Interest due on a Bond, computed at that Bond’s Interest Rate, from the last Interest Payment Date to the date of calculation.

See Also

Interest

The amount of compensation for the use of borrowed money paid to the bondholders by the issuer or the borrower.

Hudson Yards Rail Yards

Start with the Bond Basics

Term of the Week

Pre-Closing

A meeting of all the parties prior to the closing, often held the day before the closing.