Examlex
Performance in the bond market is usually gauged by:
Cumulative
Pertaining to an aggregate or total amount added up over time, often used in context with dividends that are accumulated if not paid out.
Noncumulative
A term often used in dividends policy, indicating that if a dividend is not paid out, it doesn't accumulate for future payment.
U.S. GAAP
United States Generally Accepted Accounting Principles, which constitute the framework of guidelines for financial accounting used in the US.
Interest Expense
The charge for borrowing money typically calculated as a rate of the principal amount annually.
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