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The process of mechanical digestion includes
Convertible Bonds
Bonds eligible for conversion into a specific quantity of a company's stock at various points throughout their tenure, typically at the option of the holder.
GAAP
Generally Accepted Accounting Principles; refers to the framework of guidelines for financial accounting used in any given jurisdiction; commonly serves as the standard for financial reporting.
Compound Instruments
Financial instruments that contain both a liability and equity element, requiring separation for accounting purposes.
Liability
A financial obligation or debt owed by a company to another entity, payable in the future.
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