Net interest and Short term: Difference between pages

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(ST).


''Tax.''
1.


Interest stated after offsetting tax effects, if any.
In financial markets 'short term' usually means remaining maturities of up to and including one year.


In this sense, ''net interest receivable'' means interest receivable stated after deducting any tax payable thereon.
There are some minor exceptions. For example in bond markets 'short term' can refer to original maturities of less than two years.


In this context, ''net interest payable'' means interest payable stated after offsetting any tax relief enjoyed on the interest expense.


2.  ''Financial reporting''.


2.
For financial reporting purposes, short term borrowings and other liabilities are ones payable within a year, or the next financial reporting period, if shorter.
 
Interest (usually) payable, stated after deducting other offsetting interest (usually) receivable in the same period.




== See also ==
== See also ==
* [[Gross interest]]
* [[Balance sheet]]
* [[Bond]]
* [[Duration]]
* [[Life]]
* [[Longer term]]
* [[Maturity]]
* [[Quoted rate]]
* [[Short]]
* [[Short dates]]
* [[Short-term investments]]
* [[Short-term notes payable]]
* [[Short termism]]
* [[Term]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Planning_and_projects]]
[[Category:The_business_context]]

Latest revision as of 17:02, 7 July 2022

(ST).

1.

In financial markets 'short term' usually means remaining maturities of up to and including one year.

There are some minor exceptions. For example in bond markets 'short term' can refer to original maturities of less than two years.


2. Financial reporting.

For financial reporting purposes, short term borrowings and other liabilities are ones payable within a year, or the next financial reporting period, if shorter.


See also