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Annual Interest Expense
Annual Interest Expense refers to the total cost incurred by an entity over a fiscal year for borrowing funds, encompassing interest payments on loans, bonds, and other forms of debt.
Semiannually
Occurring or done twice a year, typically every six months.
Face Value
The nominal or dollar value printed on a security or a financial instrument representing its value as stated by the issuer.
Interest Expense
The financial charge for the use of borrowed funds that an entity experiences over time.
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