Common Contracts
1 similar null contracts
Agreement Among UnderwritersMay 9th, 2010
The addition of principal to a fund over a period of time as the result of a plan of accumulation. Similar to amortization, except that accretion results in an increase of accounting worth, while amortization results in a decrease. In portfolio accounting, discount bonds are accreted to par while premium bonds are amortized to par.
