What does PI mean in Accounting?

This page is about the meanings of the acronym/abbreviation/shorthand PI in the Business field in general and in the Accounting terminology in particular.

Prepaid Interest

It is interest that is paid in advance. You will most often hear this term in association with a principal and interest payment for a mortgage, called a PI payment.

Business » Accounting

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Submitted by rinat on July 20, 2012

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Definition

What does PI mean?

pi(noun)
the ratio of the circumference to the diameter of a circle; approximately equal to 3.14159265358979323846...

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"PI." Abbreviations.com. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.abbreviations.com/term/1421601>.

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