interest accumulated at a given time but not yet due or paid.
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2024
How to use accrued interest in a sentence
The envelopes were beginning to bulge and the deposits and accrued interest were something to watch grow.The Old Die Rich | Horace Leonard Gold
Monsieur Collinet made over to the widow both the capital and the accrued interest, amounting to about forty-two thousand francs.Pierrette | Honore de Balzac
Your father desires that you accept the entire two hundred thousand dollars worth and accrued interest.Kindred of the Dust | Peter B. Kyne
When bonds are sold with accrued interest, which is paid by the purchaser, the accrued interest is credited to interest on bonds.
When bonds are sold with accrued interest, which is paid by the purchaser, what disposition is made of the interest received?