INTEREST EXPENSE
Cost of debt incurred by any individual, company, or entity for borrowed funds. A non-operating expense on the income statement, it represents the amount payable on debts such as bonds, convertible debt, loans, or lines of credit. To get the interest expense, multiply the interest rate by the outstanding principal amount of the debt. In income statement, it is the interest yielded during the specified period. Interest expense is tax-deductible for corporations; but for individuals, it varies from one jurisdiction to another, as well as on the loan’s purpose.
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Equalization Payments
Payment the federal government made to an individual, province, or state to offset monetary imbalances between several parts of the country or indi ...
Seller
In the financial industry, a seller may be one of two things. First, it is an entity that may be an individual or a group that exchanges a product ...
SLL
SLL is the abbreviation for the currency in the Republic of Sierra Leone which is the Sierra Leone leone.
Error Term
Margin of error in a statistical and/or mathematical model created when the model fails to fully depict the actual connection between the independe ...
Treasury Bill - T-Bill
Short-term debt obligation with a maturity of less than one year. Backed by the US government, these debts are sold in denominations from $1,000 up ...
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01:30 | Westpac Consumer Sentiment | Nov | |
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