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.
Consolidated Interest Expense means, for any period, (i) the total interest expense of the Company and its Restricted Subsidiaries to the extent deducted in calculating Consolidated Net Income, net of any interest income of the Company and its Restricted Subsidiaries, including without limitation, any such interest expense consisting of (a) ...