Examlex
People who have a very low tolerance of risk are called risk-_______________.
Discount on Bonds Payable
The discrepancy between a bond's nominal value and its market price when the bond is sold below its nominal value.
Journal Entry
A record of a financial transaction in an accounting system, consisting of debits and credits to maintain the double-entry accounting.
Discount on Bonds Payable
The gap between the nominal value of a bond and the price it is sold at when this price is lower than the bond's nominal value.
Redeems
The act of repaying or buying back something, such as a company repurchasing its own shares or a bond issuer paying back the principal at maturity.
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