Interest Period
Definition: The length of time over which interest is calculated and applied, such as annually, semi-annually, quarterly, or monthly. The compounding frequency…
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The length of time over which interest is calculated and applied, such as annually, semi-annually, quarterly, or monthly. The compounding frequency affects the effective interest rate.
Related Subjects
Related
- Notes ReceivableInterest accrues over the note’s term
- Interest ReceivableInterest receivable accrues during the interest period
- Maturity DateThe interest period ends at the maturity date
- Maturity ValueInterest accumulated over the period adds to the maturity value
External Links
- Interest#Simple interest — Wikipedia