TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

CONVENTION CALCUL [1 record]

Record 1 2000-08-18

English

Subject field(s)
  • Investment
  • Currency and Foreign Exchange
DEF

The convention regulating the number of days included in the calculation of interest on credits.

OBS

The ESCB [European System of Central Banks] will apply the day-count convention "actual/360" in its monetary policy operations.

Key term(s)
  • day count convention

French

Domaine(s)
  • Investissements et placements
  • Politique monétaire et marché des changes
DEF

Convention régissant le nombre de jours sur lesquels porte le calcul des intérêts des crédits.

OBS

Le SEBC [Système européen de banques centrales] utilisera la convention de calcul nombre exact de jours/360 pour ses opérations de politique monétaire.

Spanish

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