Assertion: debt instrument's interest | /r/HasProperty | a business expense
Facets:
Source sentences:
text: Interest on debt is a business expense that lowers a company’s net taxable income but also reduces the income achieved on the bottom line and can reduce a company’s ability to pay its liabilities overall.
text: Interest from all types of debt obligations, short and long, are considered a business expense that can be deducted before paying taxes.