Day count

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Revision as of 11:43, 1 January 2016 by imported>Doug Williamson (Expand for conventional years which use actual days as the denominator.)
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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.

See also

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