Author: todorm

A type of security that is sold at a discount. The bond issuer is not required to make semi-annual interest payments.

The amount of interest that has been accrued but isn’t paid out yet.

Accrual Bonds defer periodic interest payments until maturity.

Accreted Interest is interest accrued on a loan that is added to the principal amount instead of being paid as Interest as it accrues.

Accounts Receivable is the amount of money that’s due to a company but not yet paid by customers.

Accounts Payable represents a company’s obligation to pay off a short-term debt.

Above Par is the price of a bond above face value.

To abandon is to surrender a claim to, or interest in, a particular asset. It’s also used to describe an instance in finance when one party waives its rights to recover the debt owed so that trading can continue, with previously invested funds not affected.