Examlex
Choose the word or phrase in [ ] which will correctly complete the statement. Select A for the first item, B for the second item, and C if neither item will correctly complete the statement.
-[Raising | Lowering] a bond rating will result in higher current yields.
Capital Expenditure
Capital invested by an enterprise in procuring or upgrading solid assets such as land, manufacturing facilities, or hardware.
Equity Account
An account representing the owner's interest in the company, calculated as total assets minus total liabilities.
Intangible Asset
An asset that lacks physical substance, such as copyrights, trademarks, patents, and goodwill.
Amortization
Amortization refers to the process of gradually writing off the initial cost of an intangible asset over its useful life, reflecting its consumption or decline in value.
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