Cum interest

From ACT Wiki
Revision as of 11:28, 11 May 2016 by imported>Doug Williamson (Layout.)
Jump to navigationJump to search

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.


See also