Feedback
Read 10 times.
Liked by 1 person.

Like

Related Finance Topics:
Banking


Definition:


Actual / 360


Back to Finance Glossary | Previous Page

Actual over 360 is a day count convention for calculating interest accrued on U.S. Treasury bills and other money market instruments. This method uses the actual number of days in a month and 360 days in a year for calculating interest payments.


Take a Quiz! Is Your Money Safe?
Cash, Check, Credit or Debit?
Putting the Community at Risk
Shooting the Bull
Big Bank

More Quizzes




Latest Articles Related to Actual / 360



If you find this information useful, please help us by sharing it with others.

Delicious



Back to Finance Glossary | Previous Page



This web site is intended only to convey information. It is not to be construed as an investment guide or as an offer or solicitation of an offer to buy or sell any securities. The author has taken all usual and reasonable precautions to determine that the information contained in this website has been obtained from sources believed to be reliable.

Your Ad Here