Examlex
In which level of moral development is moral thinking guided by the consequences of actions, such as punishment, reward, or an exchange of favors?
Subsidiary
A company that is completely or majority-owned by another company, referred to as the parent company, which controls its operations and policies.
Convertible Bonds
Bonds that can be converted into a predetermined number of the issuing company's shares at certain times during their life, usually at the discretion of the bondholder.
Consolidated Financial Statements
Financial reports that aggregate the financial position, results of operations, and cash flows of a parent company and its subsidiaries as one entity.
Amortization
The gradual reduction of a debt over a period of time through regular payments or the systematic allocation of intangible asset costs over its useful life.
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