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Gross interest |
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Gross interestInterest earned by deposits at banks and financial institutions, or on gilts etc. before deduction of tax.Interest charged on bank loans etc before any tax relief is taken into account.Gross interestInterest earned before taxes are deducted.Gross interest Similar MatchesInterestInterestThe amount paid by a borrower to a lender above the amount (the principal) that has been borrowed. Interest only loanInterest only loanA loan in which payment of principal is deferred and interest payments are the only current obligation. Prevailing interest ratePrevailing interest rateBanks decide the rates of interest that they will pay on deposits, and the rates of interest they will charge their borrowers, on the basis of the prevailing interest rate which is in turn decided by the Bank of England.The Bank's Monetary Policy Committee meets once a month to set the official rate at which it provides funds to the banking system. The High Street banks and Building Societies follow the Bank's lead to set their base rates, so in effect what the Bank does has a direct bearing on what you pay as a borrower and what you receive as a saver.Government and local authorities might be able to borrow money at 0.5 per cent above base rateBlue chip companies with AAA credit ratings might be able to borrow at 1 per cent above base rateOrdinary members of the public and smaller companies might be able to borrow at 5 or 6 per cent above Imputed interestImputed interestUsed in accounting to refer to interest that has effectively been paid to a bondholder, even though no money has actually been paid. Interest rateInterest rateThe percentage rate at which interest is charged on a loan or paid on savings etc. Further SuggestionsLessees Interestsimple interest Interim interest Times interest earned ratio Cash flow after interest and taxes Ordinary interest Real interest rate Covered Interest Rate Parity Minority interest interest rate swap Nominal interest rate Variable interest rate Deferred interest mortgage Interest payments Short term interest rates Variable Interest Rate Earnings before interest after taxes (EBIAT) Earnings before interest, taxes, and depreciation (EBITD) Interest in Arrears Covered interest arbitrage Matured noninterest bearing debt Amortizing interest rate swap Future Interest Export financing interest Interest deduction |
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