Interest Payable Definition

Definition of Interest payable. Interest payable. The amount of interest that is owed but has not been paid at the end of a period. Related Terms: Coupon. Detachable certificate attached to a bond that shows the amount of interest payable at regular intervals, usually semi-annually.Originally

Definition of interest payable: The record of how much interest has been paid on investments. interest payable/receivable accumulates between coupon payment periods; once a periodic interest payment is made, accrued interest reverts to zero and begins building on a daily basis until the next payment.

In most cases when an agency pays a vendor late, it must pay interest. prompt Payment determines those interest penalties and provides a.

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In recent years, many self-described liberals have embraced a more "progressive" definition of liberalism. Close the wall street-carried interest loophole. Currently, a certain percentage of the.

Note Payable - Adjusting Journal Entry for Interest Definition of Interest Rate. An interest rate is the price of. On most home mortgages, the interest payment is calculated monthly. Hence, the rate is divided by 12.

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A rate which is charged or paid for the use of money. An interest rate is often expressed as an annual percentage of the principal. It is calculated by dividing the amount of interest by the amount of principal. Interest rates often change as a result of inflation and Federal Reserve Board.

(D) Under our economic net income (controlling interest) definition, we add to Net income (controlling interest) our share of pre-tax intangible amortization and impairments (including the portion.

The $1,000 discount would be offset against the $10,000 note payable, resulting in a $9,000 net liability. Discount amortization transfers the discount to interest expense over the life of the loan. This means that the $1,000 discount should be recorded as interest expense by debiting Interest Expense and crediting Discount on Note Payable.

– Definition of interest payable: The record of how much interest has been paid on investments. What is interest? definition and meaning. – 1. Finance: A fee paid for the use of another party’s money.To the borrower it is the cost of renting money, to the lender the income from lending it.. Interest on all debt is normally deductible.