ex-interest: translation
cf. ex dividendThe trading status of a bond or share such that the seller of the bond or share retains the right to receive the next interest or dividend ( dividends) payment. The alternative is cum dividend or cum interest, when the purchaser has the right to receive the next interest or dividend payment. Dresdner Kleinwort Wasserstein financial glossary
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ex-interest UK US (also ex interest) adjective STOCK MARKET
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ex-interest period/bonds
ex-interest adverb
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Registered bonds sell ex-interest when the books are closed.