exact day interest

  • 1exact interest — interest paid based on the basis of a 365 day/year schedule by a bank or other financial institution as opposed to a 360 day basis ( ordinary interest). Difference can be material when large principal sums of money are involved. Bloomberg… …

    Financial and business terms

  • 2Interest —     Interest     † Catholic Encyclopedia ► Interest     Notion of interest     Interest is a value exacted or promised over and above the restitution of a borrowed capital.     ♦ Moratory interest, that is interest due as an indemnity or a… …

    Catholic encyclopedia

  • 3Exact sciences (The) in Hellenistic times: texts and issues — The exact sciences in Hellenistic times: Texts and issues1 Alan C.Bowen Modern scholars often rely on the history of Greco Latin science2 as a backdrop and support for interpreting past philosophical thought. Their warrant is the practice… …

    History of philosophy

  • 4interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …

    Black's law dictionary

  • 5interest — The most general term that can be employed to denote a right, claim, title, or legal share in something. In its application to real estate or things real, it is frequently used in connection with the terms estate, right, and title. More… …

    Black's law dictionary

  • 6Day of the Barricades — The Duke of Guise during the Day of the Barricades, by Paul Lehugeur, 19th century …

    Wikipedia

  • 7ordinary interest — interest based on a 360 day year instead of a 365 day year, resulting in what can be a significant difference. Bloomberg Financial Dictionary * * * ordinary interest ordinary interest ➔ interest * * * ordinary interest UK US noun [U] FINANCE ►… …

    Financial and business terms

  • 8Boston interest — Interest computed by using a 30 day month rather than the exact number of days in the month …

    Black's law dictionary

  • 9Boston interest — Interest computed by using a 30 day month rather than the exact number of days in the month …

    Black's law dictionary

  • 10Compound interest — The effect of earning 20% annual interest on an initial $1,000 investment at various compounding frequencies Compound interest arises when interest is added to the principal, so that from that moment on, the interest that has been added also… …

    Wikipedia