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Mortgage Note Payable
A long-term liability document that spells out the terms under which a borrower agrees to repay a sum of money to a lender, typically secured by real estate.
Loan Principal
The amount of money that is borrowed and must be repaid, excluding any interest or additional fees.
Corporate Bond Interest
The income investors receive as payment for lending money by purchasing bonds issued by a corporation.
Tax Purposes
Considerations or actions taken with regard to taxation, such as reporting income, deductions, and credits.
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