MLchartDataset catalogue

Capitalized interest

Term · Law · MLC-T-LAW-000857

Interest costs incurred during the construction or development period of a long-term asset that are added to the cost of the asset rather than being expensed immediately. This accounting practice reflects that the interest is a necessary cost to bring the asset to its intended use. Once the asset is ready for use, subsequent interest expenses are typically expensed as incurred.

Table 1. Record
IdentifierMLC-T-LAW-000857
FieldLaw
Record as JSON 
{
  "id": "MLC-T-LAW-000857",
  "term": "Capitalized interest",
  "field": "Law",
  "definition": "Interest costs incurred during the construction or development period of a long-term asset that are added to the cost of the asset rather than being expensed immediately. This accounting practice reflects that the interest is a necessary cost to bring the asset to its intended use. Once the asset is ready for use, subsequent interest expenses are typically expensed as incurred.",
  "url": "https://mlchart.com/terminology/law/capitalized-interest/"
}

Record 664 of 5,439 in Law terminology (MLC-0107). Request the full dataset.