What is the meaning of INTEREST EXPENSE?

INTEREST EXPENSE is the cost of borrowing funds in the current period. It is shown as a financial expense item within the income statement.

Barry Goldsmith
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APABarry Goldsmith. (2010). interest expense. Retrieved September 25, 2026, from http://smartdefine.org/interest_expense/definitions/1156250
ChicagoBarry Goldsmith. 2010. "interest expense" http://smartdefine.org/interest_expense/definitions/1156250 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, interest expense, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/interest_expense/definitions/1156250>.
MLABarry Goldsmith. "interest expense" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/interest_expense/definitions/1156250>
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