In a 1994 course syllabus, writer David Foster Wallace encouraged his students to be sedulous in their proofreading. Continue reading... There are a couple of words that basically mean the same thing as sedulous but are a little more common, namely assiduous, painstaking, and diligent.
net interest expense. Definition. The total amount of interest paid by a business on funds it has borrowed less the amount of income earned in interest on amounts it has lent out or invested. For example, a company might pay $500 a month in interest on a business loan while earning $45 in interest in the same time period in a business savings account. The total amount of net interest expense for that month would be $455.
Ownership Interest Definition. The financial accounting term ownership interest is used to describe the degree to which one company has acquired common stock in another. Ownership interest generally falls into three categories: controlling, significant influence, and passive.