HomeServicesBlogDictionariesContactSpanish Course
← Back to search

Meaning of day count convention | Babel Free

Noun CEFR C1

Definitions

A convention on how interest accrues over time for a variety of investments, including bonds, notes, loans, medium-term notes, swaps, and FRAs. It determines the number of days between two coupon payments.

Equivalents

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

See also

Learn this word in context

See day count convention used in real conversations inside our free language course.

Start Free Course