Meaning of the word "interest expense" in English
What does "interest expense" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
interest expense
US /ˈɪn.trəst ɪkˈspens/
UK /ˈɪn.trəst ɪkˈspens/
Noun
1.
the cost incurred by an entity for borrowed funds
Example:
•
The company's interest expense increased due to higher debt levels.
•
Understanding interest expense is crucial for financial analysis.
Synonym:
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