Examlex
One of the major reasons that interest groups have proliferated in California is due to
Redeemed
The act of exchanging something, such as a bond or coupon, for value, often for cash or goods.
Unamortized Discount
The portion of a bond discount that has not yet been expensed to interest expense over the bond's life.
Carrying Value
The book value of an asset as reflected in a company's financial statements, calculated as the original cost minus accumulated depreciation.
Straight-Line Method
A method of calculating depreciation by evenly spreading the cost of an asset over its useful life.
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