Examlex
A student who decides not to cheat on an examination because others frown upon it is probably in the ______________ stage of moral development.
Amortized Cost
The initial investment cost adjusted for amortization or depreciation over the period of the investment.
Effective Interest Rate
The real cost of borrowing after adjusting for compounding interest and all fees. It provides a more accurate representation of the actual financial charge associated with a loan.
Trading Security
A financial instrument that is bought and sold for the purpose of generating profits on short-term fluctuations in price.
Available-for-sale Security
A debt or equity security not classified as a held-to-maturity or trading security, which can be sold in the short term for capital gains.
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