For Each Historical Identification Question, Define the Term and Briefly

question 113

Short Answer

For each historical identification question, define the term and briefly describe its historical significance.
Second Industrial Revolution

---

Definitions:

Specific Date

Refers to a detailed and exact date on the calendar specified for an event or deadline.

Premium

The excess of the issue price of a stock over its par value or the excess of the issue price of bonds over their face amount.

Straight-Line Method

A depreciation method where the same amount of depreciation expense is allocated evenly over the useful life of an asset.

Interest Method

A technique used in accounting and finance to calculate the interest income or expense on bonds and loans over their life.