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:

    “My interest in desperation lies only in that sometimes I find myself having become desperate. Very seldom do I start out that way. I can see of course that, in the abstract, thinking and all activity is rather desperate.”
    —Willem De Kooning (b. 1904)

    “One marvels why ... the middle classes still insist on so much discomfort for their children at such expense to themselves.”
    —E.M. (Edward Morgan)