Eunice

Net Interest Income.

by

Net interest income is the difference between the interest income earned on a company’s assets and the interest expense incurred on its liabilities. In order to calculate net interest income, a company must first calculate its gross interest income. This is the total interest income earned on all of the company’s assets. Next, the company … Read more

Backup Line Definition.

by

A backup line definition is a document that outlines the terms and conditions of a backup line of credit agreement. This document defines the parameters of the agreement, including the borrowed amount, the interest rate, the repayment schedule, and any collateral requirements. Why do issuers of commercial paper back-up their paper with a line of … Read more