interest accrual Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “interest accrual” in the English Dictionary

"interest accrual" in Business English

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interest accrualnoun [U]

uk   us   FINANCE
interest that is owed on borrowed money or earned on an investment in a particular period: Failure to pay the first installment on time results in an interest accrual of 1% a month.
(Definition of interest accrual from the Cambridge Business English Dictionary © Cambridge University Press)
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