Interest Receivable

Interest Receivable

In a loan, the interest that is owed to the lender, especially over a period of time such as a month.
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Interest receivable and similar income climbed to PS41.
Interest receivable for the period was [pounds sterling]434 (2011 - [pounds sterling]nil).
Preference shareholders receive a fixed dividend, similar to the interest receivable on a bond which must be paid out before any dividends to ordinary shareholders.
This reversal removes the interest receivable from X's books and records for regulatory financial statement purposes and constitutes a 2007 charge-off of the interest receivable as a loss asset for purposes of Kegs.
Despite this net interest receivable on mortgage lending rose to pounds 125.
As of March 31, 2000, the company had cash, cash equivalents, investment securities and interest receivable of $65.
The writeoff of the interest receivable on defaulted high-yield debt securities in accordance with Financial Accounting Standards Board Statement no.
In the deal, the value of which has not been announced, First Bank would assume all of AmericanTrust Federal Savings Bank's branches, and most of the loans, investments, accrued interest receivable and other banking-related assets, worth about USD83m.
1 million and unaudited profit before tax and interest receivable of pounds 2.
The decline is attributable to a drop in interest receivable due to the maturity of postal savings funds deposited in the Finance Ministry's Trust Fund Bureau at times of high interest rates, the ministry said.
On June 2, 2008, management discovered a possible overstatement of accrued interest receivable and related interest income with respect to a group of five (5) loans receivable in the Company's new corporate loan portfolio.
8 million of interest on a loan, which was being withheld, as income - flattering its top line figure and operating profits - when it should have been accounted for as interest receivable.

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