Definitions from Black's Law Dictionary: 2nd Edition and Ballentine's Law Dictionary as are available for each term in each dictionary.
  • Black's Law Dictionary: 2nd Edition

    Running or accumulating interest, as distinguished from accrued or matured interest; interest dally accumulating on the principal debt but not yet due and payable. Gross v. Partenheim-er, 159 Pa. 556, 28 Atl. 370.