ACCRETION Definition

ACCRETION is the adjustment of the difference between the price of a bond purchased at an original discount and the par value of the bond; or, asset growth through internal growth, expansion or natural causes, e.g. the aging of wine or growth of timber/trees.

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INTERFUND LOAN is an authorized (usually) short term loan from one fund to another.

FORWARD PREMIUM is when a currency trade forward price is higher than its spot price.

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