Interest expense relates to the cost of borrowing money. It is the price that a lender charges a borrower for the use of the lender`s money. Interest expense is different from operating expense and CAPEX, for it relates to the capital structure of a company. Interest expense is usually tax-deductible. ... Found on http://en.wikipedia.org/wiki/Interest_expense
The cost of borrowed money including all interest charges on short- or long-term debt and capital lease obligations. Found on http://www.encyclo.co.uk/local/20108
Interest expense is the cost incurred by an company for the use of another firm?s resources typically in the form of a loan. Loan agreements outline the?interest rate, terms associated with the debt, and payment structure. Found on https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction