Examlex
Describe what is meant by the "positive illusions" held by optimists. What effects do positive illusions have?
Bond Interest Expense
The cost incurred by an issuer of bonds due to the interest payments made to bondholders.
Tax Deductible
Expenses that can be subtracted from gross income to reduce taxable income.
Contract Interest Rate
The pre-determined rate at which interest is calculated on a loan or financial agreement.
Face Value
The original cost of a bond or stock, as indicated on the certificate; it is also known as the nominal or par value.
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