Accrued Interest
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| Applying mainly to convertible securities, interest that has accumulated between the most recent payment and the sale of a bond or other fixed-income security. |
Related Terms: | ||
Convertible Securities Convertible securities can be exchanged or converted into common shares. Examples are convertible preferred stock, convertible ... Bond A debt obligation issued by a government (i.e., Treasury bond) or corporation (i.e., corporate bond) that ... Yield Refers to the annual interest on a bond divided by the market price of that bond. ... | ||
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