Accrued Interest
Meaning in Nepali: जम्मा ब्याज, बाँकी ब्याज
Pronunciation: (uh-krood in-ter-ist)
Part of Speech: noun
Nearby Words:
- Accrue (verb) – जम्मा हुनु
- Interest (noun) – ब्याज
- Principal (noun) – मूल रकम
- Investment (noun) – लगानी
- Yield (noun) – उत्पादन
Synonyms:
- Accumulated Interest
- Unpaid Interest
- Outstanding Interest
- Accrued Revenue
- Accrued Income
Antonyms:
No direct antonyms found in Nepali.
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Accrued interest refers to the interest that has been earned but not yet paid or received. It is the accumulation of interest over a certain period of time on a financial instrument, such as a bond or a loan. Accrued interest is typically calculated based on the principal amount, the interest rate, and the time period for which it has accrued.
For example, if you own a bond that pays interest semi-annually and you sell it before the next interest payment date, you may be entitled to receive the accrued interest for the period you held the bond. Similarly, if you have a loan and you make a payment before the due date, the accrued interest up to that point will be included in the payment.
Accrued interest is important for both lenders and borrowers as it affects the overall financial position and obligations of the parties involved. It is often accounted for in financial statements and can have tax implications.
Understanding accrued interest is crucial for individuals and businesses involved in financial transactions, as it helps in accurate accounting, financial planning, and decision-making.