The amount of interest charged on a debt but not yet collected is called "accrued interest".
Explanation
- Accrued interest refers to the interest that has accumulated on a debt over time but has not yet been paid or collected. It represents the earned interest that is due but unpaid at a given point in time.
- This term is used in accounting and finance to reflect interest income or expense that has been incurred but not yet received or paid.
Thus, the correct term for interest charged but not yet collected is accrued interest.
