| The loan interest EARNED by the company since the last anniversary regardless of when
interest is paid by the client. For example, if loan interest on a policy is $10/month, in the
third month of the year the loan interest earned is $30, irregardless of whether the loan is
paid in advance or in arrears. Anniversary is defined by Loan>LoanTiming.See also LoanIntAmtUnearnedATD. Note that some companies use the term "accrued" or"accumulated" instead of earned. Also, this property does not reference interest
credited such as what is earned on an impaired fund / loan collateral fund. |