Examlex
Units that are a part of the _____ structure act almost like separate, self-sufficient, semi-autonomous organizations.
Semiannual
Occurring twice a year; a term often used in finance to describe payments, interest accruals, or other events that happen every six months.
Unamortized Discount
The portion of a bond discount that has yet to be expensed in the income statement over the bond's life.
Gain
Refers to the profit earned from the sale of an asset or investment for more than its purchase cost, excluding income from the primary business activities.
Redeemed
The process of exchanging a financial security or voucher for cash, goods, or services.
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