Effective interest method: Difference between revisions
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Also known as the amortised cost method. | Also known as the amortised cost method. | ||
== See also == | == See also == |
Revision as of 13:12, 6 May 2016
In relation to a financial asset or financial liability, the allocation of the difference between the initial cost and the final maturity amount using the effective interest rate.
Also known as the amortised cost method.