Examlex
The grey matter comprises:
Interest
The cost of borrowing money or the compensation paid for the use of money, usually expressed as an annual percentage rate.
Premium
The amount paid for an insurance policy, or the amount by which a bond or stock sells above its par value.
Par Value
The nominal or face value of a stock or bond as stated by the issuing company, which may differ from its market value.
Amortized
The process of gradually writing off the initial cost of an asset over a period, typically the asset's useful life.
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