Money paid by a business in exchange for the use of capital for a specified time period. On the income statement, "Interest Expense (Income)" is a single account that is the net amount of interest income and interest expense.
is the cost of borrowed funds (debt). Companies must typically pay a premium for the use of another's money.
The cost of borrowed money including all interest charges on short- or long-term debt and capital lease obligations.
In a corporate setting, interest expense is the money the company or corporation pays out in interest on loans.
Interest expense is the cost of borrowing money for a business or individual. It is typically expressed as a percentage rate over a period of time and reflects the rate of exchange of present consumption for future consumption.
The cost of servicing your companyâ€(tm)s debt.
This account is a non-operating or "other" expense for the cost of borrowed money or other credit. The amount of interest expense appearing on the income statement is the cost of the money that was used during the time interval shown in the heading of the income statement, not the amount of interest paid during that period of time. To Top
The amount reported by a company or individual as an expense for borrowed money or long-term debt.