Examlex
Which of the following pairs of terms is most closely matched?
Redemption
The process of paying off or buying back securities or debts by the issuer before their maturity date, often at a predetermined price.
Carrying Value
The book value of an asset, reflecting its original cost minus any depreciation, amortization, or impairment charges.
Bonds Maturity
The date at which a bond's principal amount is due to be paid back to the bondholder, terminating the bond's existence.
Mortgage Note
A legal document that obligates a borrower to repay a loan used to purchase a property, outlining the terms of the loan, interest rate, repayment schedule, and enforcement rights.
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