Examlex
Understanding generally accepted accounting principles is not necessary to effectively use and interpret financial statements.
Face Value
The amount the corporation must repay to the bondholder at the maturity date.
Interest
The cost of using money for a period of time.
Convertible Bonds
These are corporate bonds that holders can convert into a predetermined number of shares of the issuing company's stock, combining features of both debt and equity.
Specified Exchange Rate
A predetermined rate at which two currencies will be exchanged in a financial transaction.
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