Examlex
Which of the following decreases reserves of depository institutions?
Contract Rate
The agreed upon rate in a financial contract, such as the interest rate on a loan or bond.
Sold at Discount
Refers to items sold below their usual selling price, often to clear inventory or promote sales.
Straight-line Method
The straight-line method is a depreciation technique that allocates an equal amount of depreciation expense on a tangible asset over its useful life.
Amortization
The process of spreading out the cost of an intangible asset over its useful life.
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