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Why were the changes made by the WorkChoices amendments under Howard in 2005 considered remarkable?
Unamortized Discount
The portion of a bond discount that has not yet been amortized (expensed) over the life of the bond.
Retirement
The point in time when an individual chooses to leave the workforce permanently, usually associated with reaching a certain age or financial security.
Par Value
The face value of a bond or the stock value stated in the corporate charter, which is typically a minimal amount not reflective of the market value.
Installment Note
A debt instrument that requires a series of payments over time, often including both interest and principal.
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