Unearned interest

Unearned interest

Interest that has been received on a loan, but that cannot be treated as a part of earnings yet, because the principal of the loan has not been outstanding long enough.

Unearned Interest

Interest on a loan that the lender has received, but that may not be recorded as earnings because the principal has not been outstanding for a long enough time.
References in periodicals archive ?
It's no surprise that UK savers are missing out on more than pounds 12bn a year in unearned interest, when most banks are keeping their customers in the dark about their savings rates.
Market share is calculated based on adjusted gross loans for unearned interest income).