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Amortization of Bond Discount
The gradual reduction of a bond discount over the life of the bond, transferring it from the balance sheet to interest expense on the income statement.
Semiannual Interest
Interest that is calculated and paid twice a year on investments or loans.
Straight-line Method
A method of allocating an asset's cost evenly across its useful life.
Installment Note Payable
A debt or loan that is to be returned to the lender in regular periodic payments.
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