The definition of Accrued Interest Adjustment is displaying interest that still has to be heard. By lowering the taxable interest income, buyers of fixed-income securities reduce the amount of extra interest accruing to them. Convertible bonds have an embedded option that grants the right of retirement to convert them into the issuing company or subsidiary. A withdrawal of proof of interest payment that will make coupon payments. Accrued interest is the total interest accumulated since the last coupon payment date. And it turns out that the amount owed to the owner of the conversion or other fixed income guarantee. After ceasing to be a shareholder, rightsholders stop receiving payments.