Examlex
Maturity date: September 17 (12 days in July,31 days in August,17 days in September)
Amortization
The process of spreading out a loan or intangible asset cost over a specified period of time.
Installment Notes
Long-term debts that are paid back in regular, periodic payments over time, which include both the principal and interest.
Journal Entries
Records of financial transactions in order by date, used in accounting.
Retirement
The act of leaving one's job and ceasing to work, typically upon reaching a certain age, often associated with receiving pension or retirement benefits.
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