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What are the relative advantages and disadvantages of proportional representation and district-based systems, when viewed in terms of representation?
Debentures
A type of long-term debt instrument used by large companies to borrow money, at a fixed rate of interest, and not secured by physical assets or collateral.
Accrued Interest
Interest that has been incurred but not yet paid, reflecting the cost of borrowing over a period of time.
Face Value
The nominal value printed on a financial instrument like a bond or stock certificate, representing its legal value.
Issuance Price
The price at which a company's securities are made available for sale when they are first offered to the public.
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