IAAA Definition

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IAAA is Inter-American Accounting Association.

Learn new Accounting Terms

NEW DEBTOR is an entity that becomes bound as debtor by a security agreement previously entered into by another entity.

CAPITALIZED INTEREST is the accrued interest added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due. When this occurs, you are paying interest on interest, sometimes called "negative amortization".

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