Examlex
What is a high-speed Internet connection that is always connected and has a bandwidth greater than 2 Mbps?
Bond Issue
The process by which an issuer creates a financial security (bond) that can be purchased by investors, representing a loan made by the investor to the issuer.
Interest Payable
This refers to the amount of interest expense that a company owes to its creditors, which has been incurred but not yet paid.
Calendar Year
An accounting period that extends from January 1 to December 31.
Annual Interest Accrual
The amount of interest that accumulates on a financial obligation over the course of a year.
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