ACCRUED INTEREST - Interest that has accumulated in accordance with the terms of a Promissory Note, but which has not yet been paid by the promisor to the payee.
- Accrued Interest on mortgage being relieved
- Termite Inspection fee
2. In accounting, entries on the left side of the general ledger. Contrast with Credit.
Example: Debits include: ...
The accrued interest that is added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due.
Law Terms capitalized interest is The accrued interest that is added to the principal balance of a loan while you are not making payments or your payments are insufficient to cover both the principal and interest due.
1 : to agree for a consideration not to prosecute (an offense)
Compounding a felony is a common-law crime.
2 : to pay (interest) on both the accrued interest and the principal
Pronunciationk&m-'pau'nd ...
 See also: Interest, Principal, Term, Information, Law
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