Examlex
If the weighted-average method is used, both the material cost and conversion cost per equivalent unit will always be the same.
Market Rate of Interest
The prevailing rate of interest for securities or loans in the market, determined by supply and demand and influenced by the general economic conditions.
Straight-Line Method
A depreciation technique where the value of an asset is evenly reduced over its operational life, ensuring a consistent depreciation charge each year.
Bond Premium
The additional value that an investor pays above a bond's face value; occurs when the bond's interest rate is higher than the market rate.
Bond Indenture
A legal document detailing the terms and conditions of a bond issue, including the interest rate, maturity date, and obligations of the issuer.
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