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Capitalize
The process of recording an expenditure as an asset, rather than an expense, thus spreading the cost over its useful life.
Construction Loan
A short-term loan provided to finance the building of a property or real estate project, with the property itself usually serving as collateral.
Interest-bearing Debt
A type of debt that incurs interest expenses over the loan period.
IFRS Rules
Specific guidelines and standards set out by the International Financial Reporting Standards to govern how financial transactions and positions should be reported in the financial statements.
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