Interest that has been collected on a loan by a lending institution but has not yet been counted as income (or earnings). Instead, it is initially recorded as a liability. If the loan is paid off early, the unearned interest portion must be returned to the borrower. Also called "unearned discount".
대출받은 돈에서 발생한 이자로 장부상에 소득으로 기재되지 않고 부채로 기록된다. 대출금을 조기 상환하면 미경과 이자 부분은 대출 받은측에 귀속된다. unearned discount 라고도 한다.
Unearned interest is an accounting method used by lending institutions to deal with long-term, fixed-income securities. Initially recorded as a liability, the unearned interest will eventually be recorded as income in the lending institution's books over the life of the loan as time passes and the interest is earned.