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Eutrophication
Discount
A reduction in the price of goods or services, often used as a sales promotion or to encourage early payment.
Bonds Payable
A long-term liability account that records the amounts owed by a company to bondholders, to be repaid at a future date.
Collateral
An asset pledged as security for repayment of a loan, to be forfeited in the event of default.
Secured Bonds
Bonds that are backed by collateral, providing a safer investment option with lower interest rates due to reduced risk.
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