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Stated Interest Rate
The nominal or advertised interest rate on a loan or bond, not accounting for compounding or fees.
Interest Expense
The cost incurred by an entity for borrowed funds, represented as a financial charge for the privilege of borrowing money.
Bond Issuer
The entity, either a company or government, that borrows funds by issuing bonds.
Bond Premium
The additional amount paid over the face value of a bond, reflecting market interest rates lower than the bond's coupon rate.
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