365-day calendar
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A 365-day calendar consists of exactly 365 days per year (in common years), and is primarily used in computer models and as an assumption in every-day calculations. For example, a calculation of a daily rate may use an annual total divided by exactly 365.
Interest In finance and economics, interest is payment from a borrower or deposit-taking financial institution to a lender or depositor of an amount above repayment of the principal sum (that is, the amount borrowed), at a particular rate. It is distin ...
rates in some banks are calculated using a 365-day calendar.


Other 365-day calendars

Some
Mesoamerican calendars Mesoamerican calendars are the calendrical systems devised and used by the pre-Columbian cultures of Mesoamerica. Besides keeping time, Mesoamerican calendars were also used in religious observances and social rituals, such as for divination. T ...
used a 365-day year with no leap year, resulting in a gradual shift of the seasons relative to the calendar. This includes the Maya Haab' and the Aztec Xiuhpohualli calendars. Some versions of the
Zoroastrian calendar Adherents of Zoroastrianism use three distinct versions of traditional calendars for liturgical purposes, all derived from medieval Iranian calendars and ultimately based on the Babylonian calendar as used in the Achaemenid empire. ''Qadim ...
also use a fixed length of 365 days with no rule for leap days, despite potential leap year rules being acknowledged by the 9th century at the latest. In particular, of the versions still in use today the Qadimi version does not have any form of leap rule; the Shahanshahi version had one leap month added in the 12th century but no leap years since, while the Fasli version (introduced in the 20th century) adds one day every four years.


See also

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360-day calendar The 360-day calendar is a method of measuring durations used in financial markets, in computer models, in ancient literature, and in prophetic literary genres. It is based on merging the three major calendar systems into one complex clock, with ...


References

Specific calendars Settlement (finance) {{time-stub