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Interest-Bearing Note
A debt instrument in which the issuer pays the investor interest on the principal amount, typically at a fixed rate, until maturity.
360-Day Year
A simplified accounting approach that assumes a year has 360 days, used to make interest calculations easier.
Interest Revenue
Income earned from the lending of funds or investment in interest-bearing assets, like loans, bonds, or savings accounts.
360-Day Year
An accounting convention that simplifies interest calculations by assuming there are 360 days in a year.
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