Examlex
In Chicago, as in most police departments, the rank-and-file police officers welcomed the change to community policing.
Market Rate of Interest
The interest rate prevailing in the market for securities of similar risk and maturity.
Amortization
The gradual reduction of a debt over a period of time through regular payments that cover interest and principal.
Carrying Value
The book value of an asset or liability on a company's balance sheet, calculated as the original cost minus any depreciation, amortization, or impairment costs.
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