INTEREST COVERAGE Definition

Bookmark and Share

INTEREST COVERAGE is a ratio which indicates the ability of a company to cover net interest expenses with income before net interest and taxes. It is calculated by dividing income before interest and taxes by interest.

Learn new Accounting Terms

CORPUS FUND is the capital of the organization; the funds generated and kept for the existence and sustenance of the organization. Normally a corpus fund denotes a permanent fund kept for the basic expenditures needed for the administration and survival of the organization.

OBLITERATE is to do away with something so as to leave no trace.

Suggest a Term

Enter Search Term

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