Examlex
When economists are speaking as policy advisors, which statements are they more likely to use?
Amortization
The gradual reduction of the cost or value of an intangible asset over its useful life.
Bond Premium
The amount by which the market price of a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the current market rate.
Issued
Refers to securities or other financial instruments that have been officially distributed to investors or the public.
Contract Rate
The agreed-upon interest rate specified in a contract, particularly in loan agreements or bond indentures.
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