金融英语相关阅读指导(二十六)
Interest利息 one year. An interest rate is determined by dividing the amount of interest paid by the principal amount borrowed. For example, if a $1000 bond pays $85 in interest for one year, the annual interest rate is 8.5 percent. In the U.S. some interestbearing bonds, such as municipals, entitle the bearer to an exemption from certain taxes on interest income. The interest paid by a company on its outstanding debt as well as the interest paid by a homeowner on his/her mortgage, i s deductible from income as an expense and so can reduce the amount of tax owed. |