Cum interest: Difference between revisions
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imported>Doug Williamson (Note alternative spelling.) |
imported>Doug Williamson (Layout.) |
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Also written cum-interest. | Also written cum-interest. | ||
== See also == | == See also == | ||
Revision as of 13:25, 9 January 2019
1.
In relation to the transfer of a debt instrument, a transfer including the entitlement to receive the next interest payment.
2.
The normal basis of quoting prices for traded debt, which includes the entitlement to receive the next interest payment.
Also written cum-interest.
