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The two types of crust are known as lithospheric and oceanic.
Interest Expense
The cost incurred by an entity for borrowed funds, which is charged as an expense on the income statement.
Interest-Bearing Note
A debt security that pays interest to the holder at a fixed or variable rate until the maturity date of the note.
Current Liabilities
A company's debts or obligations that are due to be settled within one fiscal year or the operating cycle, whichever is longer.
Long-Term Liabilities
Financial obligations of a company that are due beyond one year from the balance sheet date.
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