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Net interest cost (NIC) |
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Net interest cost (NIC)The total amount of interest that will be paid on a debt obligation by a corporate or municipal bond issuer.Net interest cost (NIC) Similar MatchesImputed interestImputed interestUsed in accounting to refer to interest that has effectively been paid to a bondholder, even though no money has actually been paid. Effective annual interest rateEffective annual interest rateAn annual measure of the time value of money that fully reflects the effects of compounding. Wild InterestWild InterestAn interest of record which cannot be traced in the chain of title. Frequently occurs when an incorrect legal description appears on a document. An apparent wild interest may occur if a woman who changes her name through marriage after acquiring property, sells the property using her married name only. Compound interestCompound interestThe process by which interest earned on an investment is added back to the amount invested, so increasing the amount of 'principal' on which further interest will be earned in future years.Compounding is sometimes described as the miracle of investing. The fact is that if you reinvest income in your portfolio, you will end up with a much larger amount than if you spend the income as you go along because of the effect of compounding. But to allow compounding to work its magic, you have to start young.Albert Einstein, when asked what he considered to be mankind's greatest invention, replied 'Compound interest!' And interestAnd interestAn indication that the buyer will receive accrued interest in addition to the price quoted for a bond. Further SuggestionsInterest sensitive insurance policyVariable interest rate bond interest yield Interest accrual rate Rate of interest reversionary interest Nominal interest rate Incidence of interest calculation Short interest Covered interest arbitrage Stated annual interest rate Spot interest rate Interest in Arrears Covered interest arbitrage Gross interest interest in possession Ordinary interest Simple interest Lessees Interest Interest on interest Real interest rate Capitalized interest Term structure of interest rates Matured noninterest bearing debt Short term interest rates |
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