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Home -› Education
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-› ACCRUED INTEREST
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Social Science Categories
| Definition Of: | ||||
ACCRUED INTEREST
Interest on a loan that accumulates and is to be paid in installments at a later time (usually when the principal becomes due) rather than being paid from the time the loan is made. Accrued interest may be compounded or simple.
See also: INTEREST SUBSIDY , ELIGIBLE NONCITIZEN , FEDERAL METHODOLOGY , REPAYMENT SCHEDULE , ADJUSTED GROSS INCOME (AGI) |
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Petersons Dictionary of Financial Aid Terms INDEX:List of Terms: Terms beginning with "A", Page 1 |
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Page Number:
1 A: Page 1 of 1.
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