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Mill says, "There is a limit to the legitimate interference of collective opinion with ________________________: and to find that limit, and maintain it against encroachment, is as indispensable to a good condition of human affairs, as protection against political despotism."
Semiannually
Occurring twice a year, typically every six months.
Discount Amortized
The process of gradually reducing the discount on bonds payable over the life of the bonds as an interest expense.
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