Examlex
Software as a Service (SaaS) hosts online applications.
Straight-line Amortization
A method of evenly spreading out the cost of an intangible asset over its useful life.
Interest Payment
The amount paid at regular intervals (often annually or semi-annually) on a debt instrument such as a bond or loan, based on the interest rate and the principal amount.
Discount on Bonds Payable
Represents the difference when bonds are sold for less than their face (or par) value, indicating that the bond's market rate of interest is higher than its coupon rate.
Par Value
Par value is the face value of a bond or the stock value stated in the corporate charter, below which shares cannot be issued.
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