AMORTIZED BOND
It is a type of financial certificate that was reduced in value for record purposes in accounting statements. An amortized bond if considered as an asset, with the amount of the discount being amortized to expense of interest over the bond’s life. If a bond is acquired at a discount—meaning offered below its face value—the discount will be taken as expense or it can be an asset that is amortized.
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Liquidity Adjustment Facility
A tool in monetary policy where banks are allowed to borrow money through repurchase agreements, and to respond to liquidity pressures. The governm ...
Data Warehousing
Electronic storage of information in a business or corporation. It should be secure, reliable and easy to retrieve and manage. It originated in 198 ...
One-Tailed Test
A statistical test where the critical area of a circulation is one-sided so that it is either less than or greater than a specific value, but not b ...
Less-than-Truckload
A shipping service that carries small loads of freight, weight between partial and full truckload. The service is being offered by many large and n ...
Original Cost
It simply refers to the total cost associated in buying an asset.
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