For some students, the concept of accrued interest on debt is as foreign as compound interest on savings.

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If Clearwire is unable to repay the PIK Debenture during this 30 day period, it would be entitled to convert the principal amount and accrued interest on the PIK Debenture into a note on terms comparable to the 2015 Senior Secured Notes previously repaid, having a maturity of December 1, 2015.

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Although interest accrued on the loan, Sollberger stopped receiving account statements and making interest payments after the first quarter of 2005, less than one year into the seven-year loan term.

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If there is interest that has accrued on the policy, that interest is reportable, just like any other interest.

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Some Stafford loans are subsidized, which means the government will pay for the interest on the loan accrued while the student is in school for at least part of the time.

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Plus, he'll be charged interest, accrued at 1% above the normal IRS rate, on the taxes that would have been due originally on the wrongly deferred pay.

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