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Amortized Bond Discount
The gradual reduction of the discount on a bond over its life, moving towards its par value, usually done in equal amounts over the accounting periods.
Straight-Line Method
A method of allocating an asset's cost evenly throughout its useful life.
Redemption
The act of repaying or buying back something, such as redeeming a bond at maturity or a company repurchasing its own shares.
Semiannual Interest
Interest that is calculated and paid twice a year on a loan or investment.
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