Examlex
The Internet is a part of the World Wide Web.
Redeemed
The act of repurchasing or paying off a security such as a bond or preferred stock at its maturity or before.
Loss On Redemption
The financial loss experienced when a debt security is redeemed before its maturity date for more than its par value.
Carrying Value
The book value of an asset on a company’s balance sheet, calculated as the original cost minus accumulated depreciation.
Bonds
Long-term debt securities issued by corporations or government entities that pay periodic interest until maturity, at which point the face value is repaid.
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