Day count: Difference between revisions
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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. | The number of days within an interest calculation period, for which interest is accrued or due. | ||
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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. | |||
Revision as of 11:29, 11 May 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.
