Examlex
The data flow element agent is usually described beginning with an action verb.
Zero-Coupon Bonds
Bonds that do not pay periodic interest payments, instead being sold at a discount from their face value and maturing at said value.
Discount Amortization
Discount Amortization refers to the process of gradually reducing the book value of a bond discount over the life of the bond until it reaches its par value.
Interest Expense
This represents the cost incurred by an entity for borrowed funds, which can include loans, bonds, or lines of credit.
Cash Payment
A transfer of cash from one party to another, often as payment for goods or services.
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