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Answer Posted / anandsurya
The systematic allocation of the discount, premium, or
issue costs of a bond to expense over the life of the bond;
the systematic allocation of an intangible asset to expense
over a certain period of time; the systematic reduction of
a loan's principal balance through equal payment amounts
which cover interest and principal repayment.
| Is This Answer Correct ? | 5 Yes | 2 No |
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