Examlex
Interest expense is reported under Other Expenses and Losses in the income statement.
Wear Indicator
A feature on brake pads that produces a noise or visual signal to alert when the pads are worn to a critical level and need replacement.
Socket Housing
The enclosure or casing designed to hold and protect the socket element of an electrical, mechanical, or electronic device.
Ball Joint
A pivot point made of a bearing stud and socket, enclosed in a casing, used in steering and suspension systems.
Featheredged Tire
A condition of a tire where the tread ribs are rounded on one edge and sharp on another, typically due to misalignment.
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