Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• INTEREST CHECKING ACCOUNT - An interest checking account permits unlimited check-writing and pays inter...
  
  
• INTEREST COST - A time-adjusted measure of cost to a mortgage borrower. It is calculated in the same w...
  
  
• INTEREST COVERAGE RATIO - earnings before interest and taxes (EBIT) divided by interest expense. This i...
  
  
• INTEREST COVERAGE TEST - A debt limitation that prohibits the issuance of additional long-term debt if ...
  
  
• INTEREST CREDITED - interest that a savings institution automatically deposits to a savings account.
  
  
• INTEREST DAY BASIS - The day-counting system for the computation of interest payments on bonds and note...
  
  
• INTEREST DEDUCTION - Interest expense on a home loan that governments allows homeowners to subtract fro...
  
  
• INTEREST DUE - The amount of interest, expressed in dollars, computed by multiplying the loan balance a...
  
  
• INTEREST DURING CONSTRUCTION - Interest accumulated during construction period, which usually equals ca...
  
  
• INTEREST EARNED - interest generated but not yet credited or paid.