Financial Dictionary

Atlantic Financial
Atlantic Financial
Investment
Word

Accrued Interest is coupon interest accumulated on a bond or note since the
last interest payment or, for a new issue the dated date of delivery. When you
buy a bond between coupon payments, you are only entitled to the interest a bond
earns after you buy it. When the coupon pays, you get back the full amount
including the accrued interest you originally paid.

Back to beginning of Accrued Interest