Day count: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Expand for conventional years which use actual days as the denominator.) |
imported>Doug Williamson (Layout.) |
||
| Line 2: | Line 2: | ||
2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated. Examples include 360, 365 or the actual number of days per year. | 2. The [[Day count conventions|convention]] governing the way such interest payments are to be calculated. Examples include 360, 365 or the actual number of days per year. | ||
== See also == | == See also == | ||
Revision as of 07:09, 2 April 2016
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.
