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Bond Liability
The obligation of the issuer of the bond to repay the principal amount along with interest to the bondholders on specified dates.
Premium
An amount paid in excess of a standard rate or value, often associated with insurance costs or bond prices.
Fiscal Year-end
The end of a 12-month period used by governments and businesses for accounting and financial reporting purposes.
Par Value
The face value of a bond or stock as stated by the issuing company, which bears no correlation to its market value.
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