Examlex
When the price of a bond rises, the interest rate paid on the bond also rises.
Residual Value
The anticipated worth of an asset upon reaching the conclusion of its serviceable life.
Double-Declining-Balance
An accelerated method of depreciation which doubles the regular depreciation amount, reducing the value of an asset more quickly in its early years.
Depreciation Expense
The orderly apportionment of a tangible asset's cost over the duration of its use.
Residual Value
The estimated value that an asset will have at the end of its useful life, after depreciation has been taken into account.
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