What Is an Interest Expense?

To put it simply, the interest on this money is counted as an expense and is included in the "financial expenses" account.

Interest expense

1 financial terms;

2 Definition: refers to the calculation of interest calculated based on principal and interest rate as "

Corporate interest expense is the capital occupation expense paid by the company for debt financing in production and operation. According to the relevant provisions of the Enterprise Income Tax Law, the interest expenses incurred by an enterprise are expenses related to obtaining taxable income, which can be deducted before tax when calculating taxable income according to regulations.