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When the following reaction is at equilibrium 2NOCl(g) 2NO(g) + Cl2(g)
then [NO]2 [Cl2] = K [NOCl]2.
Face Amount
The total amount of money that will be paid at maturity by a financial instrument such as a bond or life insurance policy.
Unamortized Premium
The portion of the premium paid over the par value of a bond that has not yet been expensed in the company's financial statements.
Carrying Amount
The book value of assets and liabilities on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.
Interest-Bearing Note
A debt instrument that specifies the amount borrowed, interest rate, and maturity date, obligating the borrower to pay interest.
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