Examlex
___________ should be examined to see that all are properly documented and that inappropriate payments have not been made to employees.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the company's equity, usually at the choice of the bondholder.
Net-of-Tax Interest Expense
The interest expense after considering the effects of income tax, representing the actual cost of borrowing to the entity.
GAAP
Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction, including the rules and standards for financial reporting.
Fair Value
The approximate value for which an asset or liability might be traded between informed, willing participants in a fair deal.
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