interest adjustment

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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The additional interest adjustment is attributable to interest expense incurred on escrowed borrowings used to fund the construction of three articulated tug barges ("ATBs").
Non-recurring items that are not included in organic growth in 2007 include a $57 million gain at Carrier from the sale of Fincoil, a $36 million charge at Carrier on the settlement of litigation related to a furnace warranty matter, a $28 million pretax interest adjustment related to the completion of the IRS examination of tax years 2000 through 2003, an $84 million gain at Otis from the sale of land (See Note 3 below), a $40 million gain at Pratt & Whitney from a contract termination, and $151 million from the sale of marketable securities.
1 Convertible note interest adjustment is included to reconcile the previously reported financial amounts to GAAP amounts, following the Company's adoption of a new accounting standard in the first quarter of fiscal 2009 which required the Company to retroactively recognize additional non-cash interest expense based on the market rate for similar debt instruments without the conversion feature.
Interest expense, net: Favorable pre-tax interest adjustment of approximately $24 million associated with the resolution of an uncertain temporary tax item in the quarter.
Spin-Off related adjustments include; (a) pension adjustment defined as the estimated benefit plan expense associated with certain benefit plan obligations transferred to Kraft Foods Group in the Spin-Off; and (b) interest adjustment defined as the interest expense associated with the assumed reduction of the $6 billion of our debt on January 1, 2012, from the utilization of funds received from Kraft Foods Group in 2012 in connection with our Spin-Off capitalization plan.
Recognized an upward working interest adjustment to a number of wells in the Mary field in Appalachia.
Some factors considered by the willing buyer in arriving at a fractional interest adjustment are:
military sales -38 Valuation adjustments -38 Statistical adjustments Income 2,253 -3,593 Direct investment -94 -491 Valuation adjustments -94 -491 Reclassification of dividends to "other" income Adjustment of interest income to a net basis Statistical adjustments Other investment 2,347 -3,102 Interest adjustment for coverage of U.
The statute of limitations for pre-enactment periods should only have to be open on the year for which the interest adjustment is being requested.
If that dollar earned a prevailing interest adjustment, compounded annually, your family's debt in today's dollars now would be nearly $20,000.
Early withdrawal of part or whole of the deposit is subject to an administration fee of pounds 250 and an interest adjustment of 180 days at the two-year-rate deposit rate or 90 days at the one-year-deposit rate.
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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