The phrase "account for interest" is correct and usable in written English.
It can be used when discussing financial matters, particularly in contexts involving calculations or considerations of interest in accounting or economics.
Example: "In our financial report, we need to account for interest accrued over the last quarter."
Alternatives: "consider interest" or "factor in interest".
Last month the Bank of England announced changes in how it would account for interest repayments on the quantitative easing scheme – the bank's modern-day money-printing scheme to keep the economy afloat.
In May, a Norwich Superior Court jury awarded $6.8 million in damages to the employees, and now the judge in the case has indicated that he might increase the award to as much as $13 million to account for interest, legal fees and punitive damages.
If not monetary policy, what else could account for interest rates being so low?
* Merkel, Sarkozy want escrow account for interest.
Schiff also argued that the plan's estimated cost to Minneapolis taxpayers, cited at $150 million in construction costs, failed to account for interest, maintenance costs, and upgrades over the course of the stadium's expected 30-year lifespan.
Record journal entries to account for interest expenses.
That means a primary budget surplus (not accounting for interest payments) rising to 5% of GDP, and possibly staying near that high level for years beyond.
Cerberus declined to release detailed financial statements for Chrysler, but Chrysler said recently that it had earned $1.1 billion in the first half of 2008 before accounting for interest, taxes, charges and other expenses.
Xerox also said the S.E.C. thought it had inappropriately set up reserves, although it declined to give details, and was concerned about the way it accounted for interest income it received after reaching a favorable tax settlement with the Internal Revenue Service.
Tata Steel, which is set to report earnings on May 23, said that it lost $78 million in Europe for the quarter ending Dec. 31, before accounting for interest, depreciation and taxes.
The company said it expected to report a fourth-quarter profit, at least before accounting for interest and taxes, though "at a significantly lower run rate than each of the first three quarters," and a full-year profit for the first time since 2004.
