Day count convention

Noun

Definitions

1.NounA convention on how interest accrues over time for a variety of investments, including bonds, notes, loans, medium-term notes, swaps, and FRAs. It determines the number of days between two coupon payments.

Synonyms

calendar day civil day today doomsday rule daylight overdraft certificate of deposit new comic book day term day disc.duty cycle death clock cdo squared

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