Examlex
Add and Subtract Matrices
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Selling Premium
The amount by which the selling price of a bond exceeds its par value or face value.
Premium on Bonds Payable
The excess amount by which bonds are issued over their face value, representing an additional cost of borrowing to the issuer.
Amortization
The method of incrementally expensing the original value of an intangible asset throughout its operational life.
Bond Indenture
A legal contract between a bond issuer and bondholders, detailing the terms and conditions of the bond.
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