Examlex
Match each of the following terms with its corresponding definition.
-A value a field will assume unless an explicit value is entered for that field.
Par Value
Par value is a nominal value assigned to a security or stock as stated in its corporate charter, often used to determine legal capital or face value.
Journal Entry
A record in accounting that represents a transaction and its effect on accounts.
IFRS
International Financial Reporting Standards, which are a set of accounting standards developed by the International Accounting Standards Board (IASB) that guide the preparation of financial statements globally.
Convertible Notes
A form of short-term debt that converts into equity, typically in conjunction with a future financing round, under specific terms.
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