Define: Accrual Bond

UK Accounting Glossary

Definition: Accrual Bond


Quick Summary of Accrual Bond


A bond on which interest accrues but is not paid to the investor during the time of accrual. The amount of accrued interest is added to the remaining principal of the bond and is paid at maturity.



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Accrual Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. February 25, 2020 https://payrollheaven.com/define/accrual-bond/.
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Accrual Bond. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/accrual-bond/ (accessed: February 25, 2020).
American Psychological Association (APA):
Accrual Bond. PayrollHeaven.com. Retrieved February 25, 2020, from PayrollHeaven.com website: https://payrollheaven.com/define/accrual-bond/

Definition Sources


Definitions for Accrual Bond are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 6th February 2020.