Interest Recognition

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August 25, 2024 3 min read Definitions
Unearned Discount: Recognition of Interest Deducted in Advance
Finance Accounting Unearned Discount Lending Institution Deferred Income Loan Accounting Interest Recognition
Unearned Discount account on the books of a lending institution recognizing interest deducted in advance from the loan, which will be taken into income as earned over the life of the loan.
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