Examlex
One of the first actions a political party takes after gaining control of the White House and Congress is often to increase the number of federal judgeships.
Contra Account
An account used in accounting to reduce the value of a related account; it has a balance opposite to the normal account balance.
Par Value
The face value of a bond or the stock value stated in the corporate charter, which may differ from its market value.
Carrying Value
The book value of an asset on a company's balance sheet, calculated as the original cost minus accumulated depreciation.
Loss On Redemption
The financial loss incurred when a debt instrument, such as a bond, is repaid before its maturity date.
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