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Clean price - Financial definition

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Translations:      FR  clean price (n.m.) , prix pied de coupon (n.m.)     ES  precio limpio (n.m.)     DE  Clean Price (n.m.) , Clean-Preis (n.m.) , Preis ohne Stückzinsen (n.m.) 

Concise definition of the term clean price

The price of a bond excluding accrued interest.

Comprehensive definition of the term clean price

Bond prices are usually quoted in clean price. The actual price paid (or received) for the bond, however, will be the dirty price, which is the sum of clean price and accrued interest.

Additional information related to this definition

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