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Today's Word of the Day means...
interest accumulated at a given time but not yet due or paid.
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Short-term securities are valued at amortized cost, which includes cost plus
, which approximates fair value.
Capitalize some or all delinquent
and advances and add to the unpaid principal balance of the loan.
is the amount of interest that accrues while a loan is outstanding, starting with the day the loan is made.
The amount of the qualified investment will include
on the note at the time of the conversion.
The principal and daily
are automatically rolled over each day until redemption is requested.
Word of The Day
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(...) not now: because by that time our savings and the accrued interest will make it possible.