ACCRUED INTEREST Definition

Bookmark and Share

ACCRUED INTEREST is interest earned but not paid since the last due date.

Learn new Accounting Terms

MAINTENANCE OF ACCOUNTS, in accounting, ensures that all transactions and accounting records are in accordance with generally accepted accounting principles and applicable laws, and shall be in sufficient detail to permit an annual audit.

INDIFFERENCE CURVE, in microeconomics, an indifference curve is a graph showing combinations of two goods to which an economic agent (such as a consumer or firm) is indifferent, that is, it has no preference for one combination over the other.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.