day count convention

noun

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.

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Meanings

nounday count convention (plural day count conventions)

plural day count conventions

  1. businessA 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.

Translations

German Zinsberechnungsmethode
  • Zinsberechnungsmethodeconvention
Cite this entry
APA

day count convention. (n.d.). In WatkinsX Dictionary. Retrieved November 5, 2026, from https://dictionary.watkinsx.com/word/day%20count%20convention

MLA

“day count convention.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/day%20count%20convention. Accessed November 5, 2026.

Chicago

WatkinsX Dictionary, s.v. “day count convention,” accessed November 5, 2026, https://dictionary.watkinsx.com/word/day%20count%20convention.

Source: day count convention on Wiktionary, CC BY-SA 4.0.