interest adjustment

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Interest Adjustment

In an adjustable-rate mortgage or other debt, a change in the interest rate that the borrower must pay on the mortgage or debt. The adjustment may be upward or downward, and is usually calculated as some percentage above or below a stated benchmark rate. See also: Adjustment frequency, Interest rate risk.

interest adjustment

Extra proceeds going to an investor who submits a convertible bond for conversion to account for interest accrued since the last date of record for an interest payment. Also called adjustment.
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Interest Expense, Net: Approximately $12 million of favorable pre-tax interest adjustments related to the resolution of a dispute with the IRS for the legacy Goodrich 2001 - 2006 tax years.
This product has limitations and restrictions, including withdrawal charges and excess interest adjustments (interest rate adjustments in New York) where applicable.
Interest Expense, Net: Approximately $25 million of favorable pre-tax interest adjustments related to the resolution of disputes with the Appeals Division of the IRS for the Company's 2004 - 2005 tax years.
Interest expense, net: Approximately $17 million of favorable pre-tax interest adjustments related to global tax examination activity in the quarter, primarily reflecting the completion of our review of the 2004 to 2005 Internal Revenue Service (IRS) audit report.
A large portion of the allocated funds must be held in reserve pending the resolution of objections seeking inflation or interest adjustments to claim amounts, as well as appeals to other settlements.
Eliminations and Other: Approximately $38 million gain from the sale of marketable securities and an approximately $12 million favorable pretax interest adjustments related to settlement of disputed adjustments from the 2000 through 2003 examination with the Appeals Division of the Internal Revenue Service (IRS).
After related income tax and minority interest adjustments, the restatement resulted in total net adjustments of approximately $52 million for the years 1993 through 2005 and approximately $ 4 million for fiscal 2006.
Operating profit per ton shipped represents operating income before start-up costs and minority interest adjustments divided by consolidated shipments.
Excluding stock-based compensation adjustments, amortization write-off and non-cash interest adjustments, the pro forma net loss for fiscal 2003 is ($7,696,351), or ($0.
Looking at today's open interest adjustments, it appears that most of yesterday's call activity translated into new positions at the March 10 and April 7.
The collateral backing series 1989-1 comprises 30-year adjustable-rate mortgage loans that have monthly interest adjustments indexed to LIBOR and annual payment adjustments.
Interest Expense, Net: Approximately $23 million of favorable pre-tax interest adjustments, primarily related to the resolution of disputes with the Appeals Division of the IRS for the Company's 2006 - 2008 tax years.

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