BORROWING COSTS Definition

Bookmark and Share

BORROWING COSTS is the financial costs incurred by an enterprise in connection with the borrowing of funds, i.e. interest, amortization of discounts or premiums arising on the issue of debt securities, loan fees, gains and losses on foreign currency differences related to borrowed funds and regarded as an adjustment to interest costs.

Learn new Accounting Terms

AGE OF INVENTORY see DAYS INVENTORY.

SPLIT-OFF POINT is the stage in the production process at which joint products become identified as distinct products which can be sold or processed further; this is called the split-off point.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.