Exact interest

(redirected from Actual Actual)

Exact interest

Interest paid based on the basis of a 365-day/year schedule by a bank or other financial_institution as opposed to a 360-day basis (ordinary interest). Difference can be material when large principal sums of money are involved.

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.
References in periodicals archive ?
VW-US Snapshot YEAR-TO-DATE August August Yr/Yr August August Yr/Yr -09 -08 % -09 YTD -08 YTD % Actual Actual change Actual Actual change Rabbit 826 1,971 -58.
SOCIETY NOTICES ASCH 02-03 03-04 04-05 BUDGET Actual Actual Actual REVENUE Member dues 59,790 52,640 19,273 Conference Receipts 4,595 8,394 Subscriptions 83,123 85,437 76,891 Advertising 3,900 5,350 9,825 Sale of copies 1,077 490 0 Member list 250 1,075 250 Reprints 200 250 50 Misc.
Forecast (as Actual Actual 1999 Flash of June 1999) 2-Wheel-Drive Tractors Under 40 PTO HP 52,874 59,358 73,700 65,110 40 - 100 PTO HP 45,603 49,536 47,181 46,227 100 PTO HP & Over 23,911 22,063 15,716 16,888 Total 2-Wheel-Drive Tractors 122,388 130,957 136,597 128,225 4-Wheel-Drive Tractors 5,956 4,201 3,087 2,682 Total Farm Wheel Tractors 128,344 135,158 139,684 130,907 Total Farm Wheel Tractors Percent Change from Previous 5.
VW-US Snapshot YEAR-TO-DATE Apr-06 Apr-05 Apr-06 Apr-05 Yr/Yr % YTD YTD Yr/Yr % Actual Actual change Actual Actual change New Beetle - Coupe 1,979 1,554 27.
VW-US Snapshot YEAR-TO-DATE July-09 July-08 July-09 July-08 Yr/Yr % YTD YTD Yr/Yr % Actual Actual change Actual Actual change Rabbit 644 2,036 -68.
March 1st Quarter Actual Actual THE WALL STREET JOURNAL: (1) Total advertising revenue 19.
VW-US Snapshot YEAR-TO-DATE May-09 May-08 Yr/Yr % May-09 YTD May-08 YTD Yr/Yr % Actual Actual change Actual Actual change Rabbit 611 2,393 -74.
VW-US Snapshot YEAR-TO-DATE Mar-06 Mar-05 Yr/Yr Mar-06 Mar-05 Yr/Yr% YTD YTD % Actual Actual change Actual Actual change New Beetle - Coupe 1,434 1,322 8.
AUDI US SNAPSHOT YEAR TO DATE May-09 May-08 Model Line May-09 May-08 Yr/Yr % YTD YTD Yr/Yr % Actual Actual change actual actual change A3 280 436 -35.
FrontRange Solutions Combined Operating Group P&Ls $s in thousands Q2 FY 05 PY Jul 03 - (Aug 04 - Oct 04) Sept 03 PY Var Actual Actual $ % $ % $ % License Revenue 8,680 43.
VW-US Snapshot YEAR-TO-DATE April April Yr/Yr April April Yr/Yr -09 -08 % -09 YTD -08 YTD % Actual Actual change Actual Actual change Rabbit 610 1,809 -66.
Comments for the six main businesses SFR-Cegetel: Actual/Actual 2nd Quarter Half Year 2003 2002 % 2003 2002 % in millions of euros Actual Actual variation Actual Actual variation Revenue 1,831 1,729 6% 3,612 3,442 5%