Examlex
A Disaster Recovery Plan is primarily operational in nature, and focuses on resumption of critical business processes in the event of a disaster.
Bond Redemption
The process of repaying the face value of a bond to the bondholders upon its maturity.
Carrying Amount
The book value of an asset or liability on a company's balance sheet, reflecting its original cost adjusted for any depreciation, amortization, or impairment costs.
Gain
The financial profit obtained from a transaction or investment, exceeding the initial cost.
Loss
Occurs when a company's expenses exceed its revenues, resulting in a negative profit.
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