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Company
A legal entity formed by individuals, stockholders, or shareholders, with the purpose of operating for profit, engaging in commercial and industrial activities.
Straight-Line Amortization
A method of allocating the cost of an intangible asset evenly over its useful life.
Bond Payable
A long-term liability account that represents the amount a company owes to bondholders, to be repaid at a future date.
Issue Price
The issue price is the price at which a company's securities, such as stocks or bonds, are first offered for sale to the public when they are issued.
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