Define: Finance Costs
Finance Costs means total costs related to interest, fees, or other charges associated with [organization]'s borrowings & operations.
Finance Costs means total costs related to interest, fees, or other charges associated with [organization]'s borrowings & operations.
Relevant Circumstances
- When an organisation's borrowing costs need to be tracked under a covenant
- If interest, fees and other financing charges form a defined ratio test
- Where audit rights confirm calculation of finance costs