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Whipsaw Glossary

Currently viewing the definition of: Accrued Interest
 
 
 The amount of interest earned since the late payment but which has not yet been received.  
 


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    • Venture Capital Trust
      A venture capital trust is similar to an investment trust in that it invests the money it receives in other businesses. In this instance, the businesses it invests in are new or unquoted companies that are looking for development capital. As such venture capital trusts are relatively high-risk investments. For investors willing to take on this risk there are income and capital gains tax benefits.