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cRYPTO Glossary
Explore essential terms and concepts in the world of cryptocurrency, blockchain, and trading
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Accrued Interest
Accrued interest is the amount of interest owed by or owed to a company on a specified date for a debt or financial obligation that is yet to be received or paid.
Explanation of Specific Terms:
- Interest: The cost of borrowing money or the return on investment.
- Owed by or owed to a company: Depending on whether the company owes interest on its debt or is owed interest on its investments.
- Specified date: The date as of which the interest amount is calculated.
- Debt or financial obligation: Includes bonds, loans, or other financial instruments that accrue interest over time.
Key Points for Beginners:
- Why it's important: Accrued interest represents the portion of interest that has accumulated since the last interest payment date, providing an accurate financial liability or asset on the balance sheet.
- How it works: For example, if you hold a bond, accrued interest is the interest that has built up since the last coupon payment date and is typically paid when the bond is sold or redeemed.
Valdis Zhvaginsh
Crypto Enthusiast, CWT Editor
Hello, I'm Valdis
When I began exploring cryptocurrencies, I had many questions. Over time, I've gathered some of the best resources that helped me, and I believe they can be useful to you as well.
I hope these resources assist you in starting your journey into the world of cryptocurrencies and provide useful tools for everyday tasks.
If you have any suggestions or corrections, please contact me
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