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Function Block Software Allows Connecting Either Similar Data Types (E

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Function block software allows connecting either similar data types (e.g., BOOL and BOOL) or dissimilar data types (e.g., a BOOL reference connected to a pin expecting a SINT value).


Definitions:

Notes Payable

A written agreement where the borrower promises to pay back a certain amount of money, under specific terms, to the lender at a future date.

Unamortized Discount

The portion of a bond's issue price that is below its face value and has not yet been amortized over the life of the bond.

Unamortized Premium

The portion of a bond premium that has not yet been amortized or gradually written off over the life of the bond.

Installment Note

A debt instrument that requires a series of periodic payments (installments) of principal and interest over a specific period until the debt is paid off.

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