business interest

(5) Business interest For purposes of this subsection, the term “business interest” means any interest paid or accrued on indebtedness properly allocable to a trade or business. Such term shall not include investment interest (within the meaning of subsection (d)).

Source

26 USC § 163(j)(5)


Scoping language

None identified. Default scope is assumed to be the entire title.
Is this correct? or