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Annual Amortization
The portion of the total amortization expense allocated within a single fiscal year.
Interest Expense
The cost incurred by an entity for borrowed funds, typically reported on the income statement within the period the interest is incurred.
Annual Amortization
The process of spreading the cost of an intangible asset over its useful life on a yearly basis.
Bond Discount
The amount by which the market price of a bond is lower than its principal amount or face value, often due to increases in market interest rates.
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