Examlex
Employees participate in flextime when they do entirely different jobs on a rotating schedule.
Retired Bonds
Bonds that have been repaid in full before or at maturity, thus removing the issuer's obligation to the holders.
Above the Cost
A situation where the selling price or market value of an asset exceeds its original purchase cost or production cost.
Bond Sinking Fund
A fund established by a bond issuer into which money is set aside over time, intended to be used to repay the principal amount of the bond at maturity.
Long-Term Investment
An investment held for an extended period, typically more than a year, to earn interest, dividends, or capital gains.
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