interest expense

Definition

An expense for interest on a loan made to an individual, corporation or other entity.

Use interest expense in a sentence

I didn't think there would be any interest expense, but I was wrong and my boss told me to have better luck next time.

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They looked at their financial statements and realized a large chunk was being interest expense that needed to be accounted for.

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The interest expense was significant enough to reconsider our debt financing strategy as the liability of making regular payments was too much.

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