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Describe Hospice

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Describe hospice.


Definitions:

Debentures

A type of long-term debt instrument used by large companies to borrow money, at a fixed rate of interest, and not secured by physical assets or collateral.

Accrued Interest

Interest that has been incurred but not yet paid, reflecting the cost of borrowing over a period of time.

Face Value

The nominal value printed on a financial instrument like a bond or stock certificate, representing its legal value.

Issuance Price

The price at which a company's securities are made available for sale when they are first offered to the public.

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