Actual/Actual

0.01 sec.

Actual/Actual

Day count convention for calculating interest accrued on U.S. Treasury bonds. Uses actual number of days in a month and actual number of days in a year for calculating interest payments. Also see Day count convention.

Exact Interest

Interest that is calculated and therefore repaid on the basis of a 365-day year (that is, an actual year), as opposed to a 360-day year, which is used in some calculations. While this is only a small difference in calculation, the difference in amount can be large, especially with large debt transactions. See also: Ordinary interest.

Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.

?Page tools

Printer friendly
Cite / link

Feedback
Add definition

Mentioned in	?		References in periodicals archive	?		Financial browser	?		Full browser	?
Actual/360 Day Count Convention Day-Count Convention			Fixed-rate Mortgage Yields (30-day mandatory delivery for actual/actual remittances) Conventional Current Week Ago Year Ago 15-year FRM 8. FANNIE MAE REPORTS POSTED YIELDS by PR Newswire Fixed-rate Mortgage Yields (30-day mandatory delivery for actual/actual remittances) Week Year Conventional Current Ago Ago 15-year FRM 8. FANNIE MAE REPORTS POSTED YIELDS by PR Newswire			Activo libre de riesgo Activo neto realizable Activo redituable Activo subyacente Activo tangible neto por accion Activos duros Activos encubiertos Activos intangibles Activos problematicos Activos reales Actual actual age Actual Authority Actual Cash Value Actual Cost actual damages actual eviction Actual Expenses Actual Market actual notice actual possession Actual Return Actual Total Loss actual value Actual/360 Actual/Actual Actuals Actuarial Adjustment Actuarial Analysis Actuarial Board for Counseling and Discipline Actuarial Consultant Actuarial Cost Assumptions Actuarial Cost Method Actuarial Equity Actuarial Equivalent Actuarial Gains and Losses Actuarial Rate Actuarial Risk Actuarial Science Actuarial Surplus Actuarial Value Actuario Actuary ACU Acuerdo de colocacion Acuerdo de recompra Acumulada depreciacion Ad Ad Hoc Ad Infinitum Ad intensita di capitale			Actual Take Off Weight actual time Actual Time En Route Actual Time of Arrival Actual Time of Arrival Actual Time of Departure Actual Time of Departure actual time of interception Actual Time of Return to Operation Actual Time Over Actual Time Over Target Actual Time to Count Actual Total Body Water Actual Total Loss Actual Total Loss Actual Total Loss Actual Total Loss Actual Total Loss Actual Total Losses Actual Use Code actual value Actual Values Actual Weight Actual Work Time Actual, Concurrent, and Intervening Cause Actual, Concurrent, and Intervening Cause Actual, Concurrent, and Intervening Cause Actual, Concurrent, and Intervening Cause Actual-Date Long Lead Items List Provisioned Items Order Actual/360 Actual/Actual Actual/Actual Convention actualisation actualisation Actualisation Resource Counselling & Certification actualisations actualisations actualise actualise actualised actualised actualises actualises actualising actualising Actualism Actualism Actualist actualité Actualité de la Recherche en Éducation et en Formation Actualite Feminine en Guinee Actualite Juridique Droit Administratif Actualité Juridique Propriété Immobilière Actualités Odonto-Stomatologiques Actualités Sociales Hebdomadaires actualities actualities actuality actuality actualization actualization

Financial Dictionary

Free Tools:	For surfers: Free toolbar & extensions \| Word of the Day \| Help For webmasters: Free content \| Linking \| Lookup box \| Double-click lookup

Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.