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LEGAL TERMS DIRECTORY
A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z True Interest Cost In a competitive bid municipal bond offering, a method of calculating the interest cost that takes into account the time value of money. The calculation is done in constant dollars, considering not only what payments are made, but also when they are made. The other method of determining the bid is the Net Interest Cost, which does not involve any net present value computation. True Interest Cost is also referred to as Canadian Interest Cost. Welcome to our Legal Directory
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