Conventional year: Difference between revisions
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imported>Doug Williamson (Expand the page.) |
imported>Doug Williamson (Expand to link expressly with nominal annual rate.) |
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The number of days per year, used to calculate interest or discount. | The number of days per year, used to calculate interest or discount for a given period, based on a nominal annual rate. | ||
The number of days in a conventional year may differ from the number of days in the calendar year, depending on the currency and market. | The number of days in a conventional year may differ from the number of days in the calendar year, depending on the currency and market. | ||
Revision as of 22:23, 19 November 2015
The number of days per year, used to calculate interest or discount for a given period, based on a nominal annual rate.
The number of days in a conventional year may differ from the number of days in the calendar year, depending on the currency and market.
