Meaning of “accrued interest” in the English Dictionary

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"accrued interest" in Business English

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accrued interestnoun [ U ]

uk us ACCOUNTING, FINANCE

interest for a particular period that has not been paid or received:

The loan of $62,500 plus accrued interest was repaid in full in September.
At any time after April 9, the bonds are redeemable at 100% of the principal amount, together with accrued interest.

(Definition of “accrued interest” from the Cambridge Business English Dictionary © Cambridge University Press)