interest income


The term that companies use on their income statement for reporting the interest earned on cash temporarily held in savings accounts, certificates of deposits, or other investments. Because the interest wasn't part of the original investment, they record it separately, as interest income.

Use interest income in a sentence

You should try and make as much interest income as you can so that you have something coming in always.

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I wondered what our interest income would be for that year and I learned it that day and was pretty stunned with what I found.

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On the monthly deposit statement they noticed they earned 4 dollars in interest income. It was only one percent, but it was still extra money.

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