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Interest Expense

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Interest Expense
The amount reported by a company or individual as an expense for borrowed money.

Notes:
Interest is calculated as a percentage of the amount of your debt for each period of time. Points paid for a mortgage are a form of prepaid interest.

In the U.K., it is called "interest payable".

Interest expense
Interest expense is the money the corporation or individual pays out in interest on loans.
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265(a)(2) interest expense disallowance rules to loans between related affiliates: proposed regulations (REG-128590-03, 5/7/04) and Rev.
Guidance on intercompany interest expense disallowance related to ... by Thornton, David A. / The Tax Adviser
For example, investors with high incomes can defer taxes by investing in growth-oriented stocks and still get a current interest expense deduction.
Deducting interest expense: the party's over (for some) by Lynch, Michael F. / Journal of Accountancy
4 million in interest on securities, and $48,000 in other interest income, less interest expense on deposits of $2.
Central Jersey Bancorp Reports a 19% Increase in First Quarter ... by Business Wire
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