indenture (plural indentures) (law) A contract which binds a person to work for another, under specified conditions, for a specified time (often as an apprentice). (law) A document, written as duplicates separated by indentations, specifying such a contract. An indentation. (Can we add an example for this sense?) Translations
What it is: Interest expense is the cost of money. Interest expense is recorded on the income statement. Let's assume you need $500,000 to buy a house. The price of borrowing that money is interest, and it is expressed as a percentage of the amount of money you obtain.
Interest Expense. Since the net profit or loss reported on your companyâs cash flow statement already accounts for the interest expenses your business paid during a given period, the amount paid will not appear as a separate line item on your companyâs cash flow statement.nstead, the amount of interest expense your business incurred will appear as a line item on your income statement under the category âNon-Operating or Other.â.