What is DIRTY PRICE?

The price of a BOND inclusive of ACCRUED INTEREST. Most SECONDARY MARKET bond transactions are based on dirty prices. See also CLEAN PRICE, INVOICE PRICE.

More On This Topic



Link to This Definition
Did you find this definition of DIRTY PRICE helpful? You can share it by copying the code below and adding it to your blog or web page.
Written and fact checked by The Law Dictionary