Day count: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Removed link) |
imported>Doug Williamson m (Categorise.) |
||
Line 16: | Line 16: | ||
* [[ACT/360]] | * [[ACT/360]] | ||
* [[ACT/365 fixed]] | * [[ACT/365 fixed]] | ||
[[Category:Accounting,_tax_and_regulation]] | |||
[[Category:Corporate_finance]] |
Latest revision as of 12:03, 21 February 2018
1.
The number of days within an interest calculation period, for which interest is accrued or due.
2.
The convention governing the way such interest payments are to be calculated. Examples include 360, 365 or the actual number of days per year.