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Discount on Bonds Payable
The difference when a bond is issued for less than its face value or nominal value.
Bond Interest Expense
The cost incurred by an issuer of bonds due to the interest payments made to bondholders.
Tax Deductible
Expenses that can be subtracted from gross income to reduce taxable income.
Contract Interest Rate
The pre-determined rate at which interest is calculated on a loan or financial agreement.
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