Examlex
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Bond Discount
is the difference between the face value of a bond and its selling price when the bond is sold for less than its face value.
Straight Line Amortization
A method for calculating the periodic reduction in the carrying amount of an intangible asset, spreading the cost evenly over its useful life.
Par Value Bonds
Bonds issued with a fixed face value that is to be repaid at maturity, often different from their market value.
Impairment Loss
The amount by which the carrying amount of an asset or cash-generating unit exceeds its recoverable amount, necessitating a write-down to reflect the reduced value.
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