What is Interest Expense ?
Definition The cost of the interest payments for borrowed money. The pay explanation describes interest expense as a non-working cost […]
What is Additional Expense Coverage ?
Definition of Additional Expense Coverage Additional Expense Coverage that gives assets to expenses greater than what the policyholder was paying earlier […]
What is Additional living expense insurance ?
Definition of Additional living expense insurance Additional living expense insurance can be defined as coverage under a home, condominium owner or […]
What is Finance expense ?
Definition of Finance expense Finance expense also known as finance cost or cost of finance is the interest and other […]
What is MicroFinance?
Definition of MicroFinance Microfinance is an important financial service in the economic fabric of society. It is a bright light […]
What Is Accrued Interest?
What Is Accrued Interest? Accrued Interest Definition: Accrued interest encompassing journal entries, refers to the accumulated interest on a financial […]