Examlex
The risk that the value of bonds falls because of an unexpected increase in interest rates is known as default risk.
Financial Leverage
The use of borrowed funds to increase the potential return on investment.
General Journal
A comprehensive journal that records the initial data for all different types of financial transactions.
Ledger
An accounting book or computer file used for recording and totaling economic transactions measured in terms of a monetary unit, by account.
Posting
The process of recording amounts as debits or credits in the accounts of a company's general ledger.
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