The dollar amount of interest paid each month It is the same as interest due except when the total mortgage payment is less than the interest due, in which case the interest payment is less than the interest due; the difference is added to the balance and constitutes negative amortization
The periodic interest payments made on a bond The payments are typically made semi-annually The amount is calculated by multiplying the face value of the bond by the bond interest rate Inventory shrinkage The losses of inventory due to spoilage, damage, thefts, etc Inventory turnover The number of times that inventory is replaced during the accounting period It is calculated as the cost of goods sold divided by the average inventory