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Interest Expense
The expenses an entity faces for borrowing money, encompassing loans, bonds, or credit lines.
Effective-Interest Method
An accounting practice used to allocate loan or bond interest expense over the life of the loan/bond based on the loan's/bond's yielding interest rate.
Bond Premium Amortization
The gradual reduction over time of the amount by which a bond's purchase price exceeds its face value.
Carrying Value
Another term for book value; it's the value at which an asset is recognized on the balance sheet.
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