Examlex
What is meant by organizational commitment?
Unamortized Discount
The portion of a bond's issuance discount that has not yet been amortized or written off over the life of the bond.
Bond Issue
The process by which a government or corporation raises funds by issuing bonds to investors, which are debt securities establishing an obligation to pay back the principal along with interest by a specified date.
Semiannual Interest
Semiannual Interest refers to interest that is calculated and paid twice a year, commonly found in bonds and other types of loans.
Fiscal Year
A one-year period that companies and governments use for financial reporting and budgeting, which may not coincide with the calendar year.
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