Examlex
What are the five themes that permeate social work practice?
Amortization of Bond Premium
The gradual expense recognition of the premium paid over par value for a bond over its life, reducing the bond investment value.
Discount on Bonds Payable
The shortfall between a bond's listed face value and the price it achieves in the market when it ends up selling for less than that face value.
Face Amount
The face amount is the nominal or dollar value printed on a financial instrument like a bond or insurance policy, representing the amount due at maturity or the coverage amount.
Bond Redemption
A financial term referring to the process of repaying the principal amount of a bond at its maturity date.
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