What is ACCRUING INTEREST? Definition of ACCRUING INTEREST in Black's Law Dictionary
Running or accumulating interest, as distinguished from accrued or matured interest; interest daily accumulating on the principal debt but not yet due and payable. Gross v. Partenheimer, 159 Pa. 556, 28 A. 370.
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That's the definition of ACCRUING INTEREST in Black's Law Dictionary - Courtesy of Cekhukum.com.
