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Ex-interest

Defined in 1 dictionary — Black's (1910)

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

In the language of stock exchanges, a bond or other interest-bearing security is said to be sold "ex-interest" when the vendor reserves to himself the interest already accrued and payable (if any) or the interest accruing up to the next interest day.

Defined under Interest in Black's Law Dictionary.