Examlex
Discuss the principle of caveat emptor and how it relates to misrepresentation in contract law.
Semiannual Interest Expense
The amount of interest cost incurred every six months on borrowed funds.
Straight-Line Method
A method of calculating depreciation for accounting purposes, where an asset's cost is reduced equally over its useful life.
Amortization
The gradual reduction of a debt over a specific period of time through regular payments, or the allocation of the cost of an intangible asset over its useful life.
Coupon Rate
The annual interest rate paid by a bond issuer to its bondholders, typically expressed as a percentage of the bond's face value.
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