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And Interest
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   Also found in: Dictionary/thesaurus, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia 0.01 sec.
And interest
An indication that the buyer will receive accrued interest in addition to the price quoted for a bond.

And Interest
A promise that a bond buyer will receive the interest that has accrued since the last coupon payment if he/she buys the indicated bond. This ordinarily increases the price by the amount of that interest.


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