ACTUAL/360

  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

ACTUAL/360

Specialty Definition: ACTUAL/360

DomainDefinition

Finance

The day-count convention applied for the calculation of interest on a credit, implying that the interest is calculated over the actual number of calendar days over which the credit is extended, on the basis of a 360-day year. This day-count convention will be applied in ESCB monetary policy operations. Source: European Union. (references)

Source: compiled by the editor from various references; see credits.

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Modern Translation: ACTUAL/360

Language Translations for "ACTUAL/360"; alternative meanings/domain in parentheses.

Dutch

  

werkelijk aantal dagen/360. (various references)

   

French

  

nombre exact de jours/360. (various references)

   

Italian

  

giorni effettivi/360. (various references)

   

Pig Latin

  

actual/360ay

Source: compiled by the editor from various translation references.

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Anagrams: ACTUAL/360

Scrabble® Enable2K-Verified Anagrams

Words within the letters "/-0-3-6-a-a-c-l-t-u"

-4 letters: actual.

Source: compiled by the editor from various references; see credits.

SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro.

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INDEX

1. Translations: Modern
2. Anagrams
3. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.