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Cartilaginous joints
Bonds
Long-term debt securities issued by corporations or government entities that pay periodic interest until maturity, at which point the face value is repaid.
Bond Premium
The extra amount by which a bond's market price exceeds its face value.
Annual Interest Expense
The total amount of interest payments a company owes over the course of a year on any borrowed funds.
Premium On Bonds Payable
The excess amount by which bonds are sold over their face value, indicating investors’ willingness to pay more for certain bonds.
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