Net interest cost means the total amount of interest to accrue on securities issued by a public body from their date to their respective maturities, less the amount of any premium above par, or plus the amount of any discount below par, at which said securities are being or have been sold. In all cases net interest cost shall be computed without regard to any option of redemption prior to the designated maturity dates of the securities.
Net interest cost of a proposed issue of bonds means the total amount of interest to accrue on said bonds from their date of issuance to their respective maturities, plus the amount of any discount below par or less the amount of any premium above par at which said bonds are being or have been sold. In all cases the net effective interest rate and net interest cost shall be computed without regard to any option of redemption prior to the designated maturity dates of the bonds.
Net interest cost means the aggregate gross cash interest costs of the Group related to its interest-bearing debt less the aggregate gross cash interest income of the Group (to be calculated on a twelve (12) months rolling basis). For the avoidance of doubt, gains or losses (whether realised or unrealised) on any interest rate, currency or derivatives transactions (mark- to-market accounting where relevant) shall not be considered as interest income or cost.
Examples of Net interest cost in a sentence
Net interest cost for pensions is reported in the interest result, see Note (5.8).
In particular, the Commission has adopted a vertical block exemption regulation that exempts the majority of vertical agreements provided the criteria set out in the regulation are met (see section 2).
Net interest cost is defined as Net financing cost before gains on redemption and repayment of debt, calculated on a 12-month trailing basis.
Net interest cost is calculated by applying the discount rate to the net balance of the DBO and the fair value of plan assets.
The expense recorded in the consolidated income statement includes: ▪ Current service cost and past service cost resulting from a new plan, a plan amendment or a plan curtailment or settlement, recognized in operating expenses, and ▪ Net interest cost on defined benefit obligation and plan assets, recognized in net financial expense.
More Definitions of Net interest cost
Net interest cost means the total of all interest to accrue and come due on a contract through the last date a payment is due on the contract, plus any discount or minus any premium included in the contract price or principal sum.
Net interest cost means the rate, expressed as a percentage, that is derived when the sum of all scheduled interest payments less the Original Issue Premium plus Original Issue Discount is divided by the sum of the products of each amount of Principal scheduled for repayment multiplied by the number of years until the scheduled repayment amount is due.
Net interest cost means the aggregate gross cash interest costs of the Group related to the Group's interest-bearing debt less the aggregate gross cash interest income of the Group (to be calculated on a 12-month rolling basis). For the avoidance of doubt, PIK interests shall not be considered as interest income (unless it is received in cash). Furthermore, gains or losses (whether realised or unrealised) on interest rate, currency or derivatives transactions (xxxx-to- market accounting, where relevant) shall not be considered as interest income or cost.
Net interest cost means on a consolidated basis the aggregate gross cash interest costs of the Group related to the Group’s interest bearing debt less the aggregate gross cash interest income of the Group according to GAAP (to be calculated on a 12-month rolling basis).
Net interest cost means the aggregate gross cash interest costs of the Group related to the Group’s interest-bearing debt less any Joint Venture Interest Expense and less the aggregate gross cash interest income of the Group (to be calculated on a 12-month rolling basis).
Net interest cost means, for any Relevant Period, the aggregate gross cash interest costs of the Group related to the Group’s interest-bearing debt less the aggregate gross cash interest income of the Group for that Relevant Period.
Net interest cost means the total amount of interest to accrue on Securities issued pursuant to the 2004 Approval from their issue date to their respective maturities, less the amount of any premium above par, or plus the amount of any discount below par, at which said Securities are being or have been sold. In all cases, Net Interest Cost shall be computed without regard to any option of redemption prior to the designated maturity dates of the Securities.