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Interest Expense
The cost incurred by an entity for borrowed funds, paid to the lender as a form of compensation for the use of the loan.
Debenture Bonds
Unsecured bonds that rely on the creditworthiness and reputation of the issuer for support, not on collateral.
Quoted Price
The most current price at which an asset or service can be bought or sold in a marketplace.
Cash
Cash refers to money in physical form, such as banknotes and coins, that is available for immediate use.
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