Meaning PREPAID INTEREST: An asset account showing interest that has been paid in advance, which is expensed and charged to the borrower's P & L statement
More terms such as Prepaid interest in Dictionary P.
- Definition Period-Certain Annuity:
- Examples An annuity that provides guaranteed payments to an annuitant for a specified period of time prepaid interest definition.
- Definition Price Elasticities:
- Examples The percentage change in quantity divided by a percentage change in the price. Answers the question: How much will the demand for my product decrease if I raise prices by 10 prepaid interest explain.
- Definition Perpetual Inventory:
- Examples Recordkeeping system in which book inventory is updated daily prepaid interest what is.
- Definition Projection:
- Examples The use of econometric models to forecast the future performance of a company, country, or other financial entity using historical and current information prepaid interest meaning.
- Definition Product Risk:
- Examples A type of mortgage pipeline risk that occurs when a lender has an unusual loan in production or inventory but does not have a sale commitment at a prearranged price prepaid interest abbreviation.