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Talk about: Waltham-Lowell System
Bonds Payable
represent long-term debt securities issued by corporations or governments, obligating the issuer to pay the bondholder the principal plus interest.
Interest Expense
The cost incurred by an entity for borrowed funds over a period, reflecting the interest payments on its debt.
Issuing Bonds
The process by which a corporation or government raises funds by selling debt securities to investors.
Tax Savings
Reductions in income tax obligations as a result of deductions, credits, or other allowances.
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