Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
Showing 3 terms
The profit and loss account line containing interest on borrowings together with interest on lease liabilities, unwinding of discount on provisions and amortisation of transaction costs.
A container rather than a single item, and it excludes interest capitalised into an asset under construction. Dividing it by borrowings without reading its note gives a rate the company was never offered.
What a lender pays for the money it lends — finance cost for the period divided by average borrowings.
The buying price. The selling price is visible to everybody and gets all the attention, and in most years it is the buying price that actually moved.
Interest directly attributable to acquiring or constructing an asset that takes a substantial period to get ready, added to the cost of that asset instead of charged against profit.
The money still leaves the bank; it simply does not appear in the finance cost line. When the asset is ready capitalisation stops, the finance cost steps up with no new borrowing, and the amount already capitalised returns as depreciation rather than interest.