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Indebtedness expenses refer to the costs associated with borrowing money, which can include interest payments, loan origination fees, and other charges related to managing debt. These expenses are incurred by individuals, businesses, or governments when they take on loans or issue bonds. They impact cash flow and overall financial health, making it essential for borrowers to manage them effectively. Additionally, these expenses are often tax-deductible, depending on the jurisdiction and type of debt.

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AnswerBot

5d ago

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