Examlex
Overload units are designed with an inverse time-delay function.
Straight-Line Method
This is a depreciation technique that allocates an equal portion of an asset's initial cost minus its salvage value to each year of the asset's useful life.
Semiannual
Semiannual refers to something that happens twice a year or every six months.
Discount on Bonds Payable
The variance between a bond's nominal value and the lesser amount it is sold for in the market.
Long-Term Liabilities
Debts or obligations of a business that are due for repayment in a period longer than one year.
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