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Amortization
The gradual reduction of a debt or the spreading out of capital expenses for intangible assets over a specific period of time.
Accounting Period
The time frame in which financial transactions are recorded and reported, typically a fiscal year or quarter.
Maturity Value
The total amount that will be paid to an investor at the end of a debt instrument's term, including the principal and any accrued interest.
Income Statement
A financial report that shows a company's financial performance over a specific period, detailing revenues, expenses, and net income.
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