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Question
Complete the sentence.
The obligatory payment made by company to its creditors is called as ______.
Solution
The obligatory payment made by company to its creditors is called as interest.
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RELATED QUESTIONS
______ is a return paid to creditors by the company.
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The return paid to the creditors by the company.
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Interest is paid to shareholders of company.
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Answer in one sentence.
What is Interest?
Correct the underlined word and rewrite the following sentence.
Interest is paid to shareholders.
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Interest
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What is Interest? Explain its features.
The reward given for the use of capital
What do you mean by interest?