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Interest Expense
The cost incurred by an entity for borrowed funds, which is charged as an expense on the income statement.
Interest-Bearing Note
A debt security that pays interest to the holder at a fixed or variable rate until the maturity date of the note.
Current Liabilities
A company's debts or obligations that are due to be settled within one fiscal year or the operating cycle, whichever is longer.
Long-Term Liabilities
Financial obligations of a company that are due beyond one year from the balance sheet date.
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