AMORTIZABLE BOND PREMIUM
It is a term in taxation that refers to the excess of the premium paid above and over the bond’s face value. The premium could be deductible tax and amortized on a pro-rata basis over the bond’s life depending on the bond’s type.
When the bond’s price increases in the secondary market because of the market interest rates’ drop, bond premiums occur.
Cash on Delivery - COD
Grappling with Financial Shams
Why ETFs Are Not Perilous
Is Retirement Dangerous to Your Health?
Grasping the Concept of Fiscal Policy
Be on the Edge with these Financial Careers
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Getting to Know The Federal Reserve
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