Question

what is short note of features of interest​

Answer 1

Interest is a charge against the profit of the company. Even if the company makes no profit, interest should be paid. It is payable at a fixed and generally pre-determined rate. The company has to pay interest if it has borrowed money from creditors like Debentures holders, Depositors, Bondholders, etc.

Answer 2

Interest is a charge against the profit of the company. Even if the company makes no profit, interest should be paid. It is payable at a fixed and generally pre-determined rate. The company has to pay interest if it has borrowed money from creditors like Debentures holders, Depositors, Bondholders, etc.