Interest compounding period

Interest Compounding Period

Description: The enumerated string defining if the interest accrual is compounding or not, and the period used in calculating compounded interest. Simple interest is calculated only on the principal amount of the loan, while compound interest is calculated on the principal amount and also on the accumulated interest of the previous period.

Referenced By (1): - Convertible Note

Type: STRING

Allowed Values: - SIMPLE - DAILY - MONTHLY - SEMI_ANNUALLY - ANNUALLY - QUARTERLY_CALENDAR