Examlex
Sinking fund bonds:
Straight-line Method
A depreciation technique that allocates an equal portion of the value of an asset over its useful life, used to gradually reduce the asset's book value.
Par Value
A nominal value or face value given to a share of stock at the time of its issuance, often used for legal and accounting purposes.
Market Rate
The market rate is the prevailing interest rate available in the marketplace or the current price of a commodity, security, or currency.
Serial Bonds
Bonds issued by an entity that are scheduled for repayment in a series of periodic payments over time.
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