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 debtor 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 distinct f ...
rates in some banks are calculated using a 365-day calendar.


Other 365-day calendars

Some
Mesoamerican calendars The calendar, calendrical systems devised and used by the pre-Columbian cultures of Mesoamerica, primarily a 260-day year, were used in religious observances and social rituals, such as divination. These calendars have been dated to early as ca. ...
used a 365-day year with no
leap year A leap year (also known as an intercalary year or bissextile year) is a calendar year that contains an additional day (or, in the case of a lunisolar calendar, a month) compared to a common year. The 366th day (or 13th month) is added to keep t ...
, 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 Zoroastrian festivals, liturgical purposes. Those all derive from Middle Ages, medieval Iranian calendars and ultimately are based on the Babylonian calendar a ...
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