Interest expense relates to the cost of borrowing money. It is the price that a lender charges a borrower for the use of the lender's money. Interest expense is different from operating expense and CAPEX, for it relates to the capital structure of a company. Interest expense is usually tax-deductible.
Famous quotes containing the words interest and/or expense:
“Any effort in philosophy to make the obscure obvious is likely to be unappealing, for the penalty of failure is confusion while the reward of success is banality. An answer, once found, is dull; and the only remaining interest lies in a further effort to render equally dull what is still obscure enough to be intriguing.”
—Nelson Goodman (b. 1906)
“It’s perversion. Don’t you see what it is? It’s not natural. To go to great expense for something you want, that’s natural. To reach out to take it, that’s human, that’s natural. But to get your pleasure from not taking, from cheating yourself deliberately like my brother did today, from not getting, from not taking. Don’t you see what a black thing that is for a man to do? How it is to hate yourself?”
—Abraham Polonsky (b. 1910)