Day Count Convention

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Definition: Day Count Convention

Day Count Convention
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Full Definition of Day Count Convention

A specific type of method that is used in the bond market that is utilized in determining the bond’s accrued interest as well as its present value, and also essentially helps with determining the number of days that exist between two of a bond’s coupon dates.

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https://payrollheaven.com/define/day-count-convention/
Modern Language Association (MLA):
Day Count Convention. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
April 19, 2024 https://payrollheaven.com/define/day-count-convention/.
Chicago Manual of Style (CMS):
Day Count Convention. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/day-count-convention/ (accessed: April 19, 2024).
American Psychological Association (APA):
Day Count Convention. PayrollHeaven.com. Retrieved April 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/day-count-convention/

Definition Sources

Definitions for Day Count Convention are sourced/syndicated and enhanced from:

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

This glossary post was last updated: 20th November, 2021 | 0 Views.