Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,898,770,525 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Odd Days Interest

    0.01 sec.
Odd Days Interest
The interest that accrues on a loan during a period either longer or shorter than the normal period during which interest accrues. For example, if interest is usually compounded once a month, odd days interest may occur if the loan is made in middle of the month and two weeks of interest accrues at the beginning of the loan. Odd days interest is usually added to the first (or the next) payment.


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?
No references found
 
Investor Plus also features easy solutions for Odd Days Interest, APR, Date Math, Bi-weekly Payments and Terms, and Beginning or End of Period Loans (Leases, Bank Accounts).
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
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.