that accrued interest

USAGE SUMMARY

The phrase "that accrued interest" is correct and usable in written English.
You can use it when discussing financial matters, particularly in relation to loans, investments, or savings accounts where interest has been accumulated over time. Example: "The total amount due includes the principal plus the amount that accrued interest over the past year."

✓ Grammatically correct

Academia

News & Media

Wiki

Human-verified similar examples from authoritative sources

Similar Expressions

60 human-written examples

Series EE savings bond is an accrual-type savings bond, issued either in definitive (paper) form or in book-entry form, that accrues interest on the principal based on rates determined by Treasury.

Cornell University

Under this program, a small portion of an employee's salary with a matching contribution from the employer is put into a pension plan and long-term savings that accrue interest, at a rate which is revised by the government every year.

The New York Times

Series I savings bond is a savings bond, issued either in definitive (paper) form or in book-entry form, that accrues interest in accordance with a formula that includes a fixed component and a component indexed to the rate of inflation.

Cornell University

For example, the I Series United States Savings Bond has a fixed interest rate that accrues interest monthly.

WikiHow

The trouble with forbearance is that the accrued interest gets added to the principal (capitalized) when you re-enter repayment.

The New York Times

We now wish to pay into the treasury of the state the entire sum of principal and the accrued interest since that date, in fulfillment of the obligation which rests upon the company to provide for the payment of bonds.

Cornell University

And if your monthly payments don't fully cover the accrued interest for that month, you will only be charged 50percentt of the unpaid interest.

HuffPost

The new REPAYE plan comes with much better interest accrual protections: if your monthly payments don't fully cover the accrued interest for that month, you will only be charged 50percentt of the unpaid interest.

Huffington Post

That amount should be reported on Schedule B and the accrued interest subtracted.

The New York Times

Politicians insist that with accrued interest, the amount still owed would exceed that of Greece's entire debt.

The Guardian - Business

It just happens that Australian government bonds, unlike those in the U.S., are traded at prices that include accrued interest.

Forbes

Expert writing Tips

Best practice

Always ensure clarity when using "that accrued interest" by specifying the timeframe or conditions under which the interest accumulated, such as "interest that accrued during the loan's deferment period".

Common error

Avoid assuming the accrual period is universally understood. Clarify the specific period (e.g., monthly, annually) to prevent confusion about how the "that accrued interest" was calculated.

Linguistic Context

The phrase "that accrued interest" functions as a determiner phrase specifying the particular interest amount which has accumulated or grown over time. This is confirmed by Ludwig's analysis, which highlights its use in financial contexts.

Expression frequency: Missing

Frequent in

News & Media

0%

Academia

0%

Wiki

0%

Less common in

Science

0%

Formal & Business

0%

Social Media

0%

Ludwig's WRAP-UP

In summary, the phrase "that accrued interest" is grammatically sound and serves to specify interest that has accumulated over time, especially in financial and legal discussions. Ludwig confirms the correctness and usability of the phrase. Although examples are limited, its use is generally clear. For alternatives, you might consider "accumulated interest" or "interest earned" depending on the specific context. While straightforward, ensure you clarify the accrual period to avoid misunderstandings. Though authoritative sources show it's applicable, its frequency is relatively rare in various contexts.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

interest that accumulated

Replaces 'accrued' with 'accumulated', maintaining the same meaning.

interest that built up

Uses 'built up' instead of 'accrued' to describe the increase in interest over time.

interest that was earned

Focuses on the earning aspect of the interest, rather than the accrual process.

interest that accumulated over time

Adds 'over time' for emphasis, clarifying the duration of the accumulation.

interest that has accrued

Changes the tense to present perfect, emphasizing the current state of the accrued interest.

the accrued interest

Removes "that" for a more concise expression.

interest that matured

Uses 'matured' to highlight the completion of the interest's growth.

interest that was added

Replaces 'accrued' with 'was added', focusing on the act of adding the interest.

interest which accrued

Substitutes "that" with "which", offering a slightly more formal tone.

the accumulated interest

Switches to using the past participle as an adjective.

FAQs

How do I properly use "that accrued interest" in a sentence?

Use "that accrued interest" to refer specifically to interest that has accumulated over time. For example: "The total debt includes the principal and "that accrued interest" over the loan term."

What's a simple way to rephrase "that accrued interest"?

You can use phrases like "accumulated interest", "interest earned", or "interest that built up" depending on the specific context.

Is there a difference between "accrued interest" and "that accrued interest"?

While "accrued interest" is a common term, using "that accrued interest" can provide more context by specifying which interest you're referring to, especially in complex financial scenarios. The inclusion of 'that' can help clarify the specific interest being discussed.

When should I use "that accrued interest" instead of "simple interest" or "compound interest"?

"Simple interest" and "compound interest" describe how interest is calculated, while ""that accrued interest"" refers to the interest that has already accumulated. Use "that accrued interest" when discussing the total amount of interest accumulated over a period, regardless of whether it was simple or compound.