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Unamortized Premium
The portion of the bond premium that has not yet been amortized (expensed) over the life of the bond.
Bonds Payable
Long-term liabilities representing the amount owed by an entity to bondholders.
Face Value
The nominal or dollar value printed on a bond or stock, representing the amount due at maturity for a bond or the value assigned to a stock share at issue.
Effective Interest Rate Method
The effective interest rate method is a technique for calculating the actual interest rate for a loan or financial product over time, considering the effects of compounding.
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