Interest Expense

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:

    “The English public, as a mass, takes no interest in a work of art until it is told that the work in question is immoral.”
    —Oscar Wilde (1854–1900)

    “For Nature is the noblest engineer, yet uses a grinding economy, working up all that is wasted to-day into to-morrow’s creation;Mnot a superfluous grain of sand, for all the ostentation she makes of expense and public works.”
    —Ralph Waldo Emerson (1803–1882)