Examlex
When using the modified accelerated cost recovery system (MACRS)the highest amount of depreciation expense will be recognized in the year the asset is acquired.
Fair Value
The estimated market value of an asset or liability based on current conditions and acknowledged by both buyer and seller.
Assets
Economic resources owned or controlled by a business or individual, expected to provide future benefits.
Complex Capital Structure
A corporate structure that features a mix of simple and complicated financial instruments, including multiple levels of debt and equity.
Convertible Bonds
Bonds issued by a corporation that can be converted into a predetermined number of shares of the company's stock at the discretion of the bondholder, usually at certain times during their life.
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