Modified following business day convention

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

A popular means of calculating interest periods and determining interest payment dates. Nearly as popular as the following business day convention.

See also