Examlex
A recession is associated with a negative rate of growth of the economy.
Straight-Line Method
A depreciation technique that allocates an equal amount of the asset's cost to each year of its useful life.
Semiannually
Occurring twice a year; a term often used to describe the payment schedule of interest or dividends.
Amortization of Discount
The gradual reduction of a bond discount over its life, affecting the issuer's interest expense and balance sheet.
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