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Interest Expense
(redirected from Interest Expenses)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Interest expense
Interest expense is the money the corporation or individual pays out in interest on loans.

Interest Expense
The amount that an individual or company pays in interest on the debt it borrows. For example, if one borrows $1,000 for one year at an annualized interest rate of 10%, one will ultimately repay $1,100. In this case, the interest expense is $100. In the United Kingdom, the interest expense is called the interest payable.


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In computing interest expense to be apportioned in the computation of the CTI, Bowater netted interest income against interest expenses.
As a result, the interest expenses of the financial services business no longer reduced the foreign source income of the manufacturing business.
 
 
 
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