Dictionary
Thesaurus
Encyclopedia
Translator
Web

unstated interest paid

 - 1 dictionary result
Financial Dictionary

Unstated Interest Paid

An assumption by the IRS that interest on a loan has been paid if the stated interest rate is below a minimum.

Investopedia Commentary

You must state the interest paid on an installment agreement, otherwise the interest rate used is lower than the applicable rate.

See also: Interest, Internal Revenue Service (IRS), Loan, Write-Off

Investopedia.com. Copyright © 1999-2005 - All rights reserved. Owned and Operated by Investopedia Inc.
Cite This Source
Search another word or see unstated interest paid on Thesaurus | Reference
FacebookTwitterFollow us: