Financial Definition of Accrual Bond
Meaning of Accrual Bond
A bond on which interest accrues, but is not paid to the investor during the time of accrual. The amount of accrued interest is added to the remaining principal of the bond and is paid at maturity.
Related Entries of Accrual Bond in the Encyclopedia of Law Project
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Accrual Bond in Historical Law
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Legal Abbreviations and Acronyms
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