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What is an advantage of having an SPGA over a PGA socket?
Carrying Value
The book value of assets and liabilities as presented on a company’s balance sheet, which is the original cost minus any depreciation, amortization, or impairment costs.
Secured Bonds
Bonds that have specific assets of the issuer pledged as collateral.
Collateral
An asset pledged by a borrower to secure a loan or other credit, and subject to seizure if the loan is not repaid according to the agreed terms.
Specific Assets
Assets identified and itemized separately for accounting, legal, or financial purposes.
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