Day count: Difference between revisions
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1. The number of days within a specific interest payment period in which interest payments are due. | 1. The number of days within a specific interest payment period in which interest payments are due. | ||
2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated (for example, 360/365 days). | 2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated (for example, 360/365 days). |
Revision as of 13:30, 5 August 2013
1. The number of days within a specific interest payment period in which interest payments are due.
2. The convention governing the way such interest payments are to be calculated (for example, 360/365 days).