FT MarketWatch

Exact interest

Interest as calculated on a 365-day-a-year Basis, as opposed to Interest calculated on a 360-day basis. Different kinds of lending arrangements and securities make use of different Interest conventions.

Related Terms: 8 Basis, ECU, Interest, Lend, PPO, Range, Rent, SEC
Other Related Pages: Category: Lending_and_Credit Starting With: E
Additional Related Terms: 10-K, 30-day wash rule, Accrual basis accounting, Adjusted basis, Accrual of discount, Accrued interest, After-tax basis, Amortization of premium, At par, At best