Examlex
Nitrification of ammonia occurs when ammonia is first converted to nitrite and then is converted to nitrate by the nitrogen-fixing bacteria.
Face Value
The nominal value or dollar value printed on a financial instrument, such as a bond or a stock certificate.
Interest Paid
The total amount of interest paid by a borrower to a lender over a particular period for the use of borrowed money.
Bonds Interest Payable
This represents the amount of interest expense that a company owes to its bond investors but has not yet paid.
Annual Bond Interest
The total interest that will be earned on a bond over the course of a year.
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