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Day count convention. In finance, a day count convention determines how interest accrues over time for a variety of investments, including bonds, notes, loans, mortgages, medium-term notes, swaps, and forward rate agreements (FRAs). This determines the number of days between two coupon payments, thus calculating the amount transferred on ...
The resulting pattern would be irregular. There would be 4 months of 5 weeks per normal, 52-week year, or 5 such months in a long, 53-week year. Although the days of a month (except February) always belong to 5 and sometimes 6 different weeks, there would never be 6 weeks belonging to a single month.
The doomsday's anchor day calculation is effectively calculating the number of days between any given date in the base year and the same date in the current year, then taking the remainder modulo 7. When both dates come after the leap day (if any), the difference is just 365y + y / 4 (rounded down). But 365 equals 52 × 7 + 1, so after ...
Zeller's congruence. Zeller's congruence is an algorithm devised by Christian Zeller in the 19th century to calculate the day of the week for any Julian or Gregorian calendar date. It can be considered to be based on the conversion between Julian day and the calendar date.
The week number can be described by counting the Thursdays: week 12 contains the 12th Thursday of the year. The ISO week-numbering year starts at the first day (Monday) of week 01 and ends at the Sunday before the new ISO year (hence without overlap or gap). It consists of 52 or 53 full weeks. The first ISO week of a year may have up to three ...
In computer science, data type limitations and software bugs can cause errors in time and date calculation or display. These are most commonly manifestations of arithmetic overflow, but can also be the result of other issues. The most well-known consequence of this type is the Y2K problem, but many other milestone dates or times exist that have ...
An ordinal date is a calendar date typically consisting of a year and an ordinal number, ranging between 1 and 366 (starting on January 1), representing the multiples of a day, called day of the year or ordinal day number (also known as ordinal day or day number). The two parts of the date can be formatted as "YYYY-DDD" to comply with the ISO ...
The 4–4–5 calendar is a method of managing accounting periods, and is a common calendar structure for some industries such as retail and manufacturing. It divides a year into four quarters of 13 weeks, each grouped into two 4-week "months" and one 5-week "month". The longer "month" may be set as the first (5–4–4), second (4–5–4), or ...