Latest news from Moulton, AL collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: American (19.8%), Irish (8.5%), English (5.7%), German (4.3%), Scottish (2.3%), Scotch-Irish (1.8%). Current Local Time: CST time zone. Elevation: 650 feet.
Adverse Interest. Adverse Interest. A right or concern that's contrary to the interest or claim of another. An adverse interest in real property is a claim against the property, such as an easement.
In US GAAP, âcapitalized interestâ is the part of interest expense that is capitalized as part of the cost of asset. IFRS on the other hand, uses the term âborrowing costsâ to refer to the costs incurred in relation to a debt used for construction of the asset.