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Amortization is an accounting technique used to lower the cost value of a finite life or intangible asset incrementally through scheduled charges to income.
A swap is a derivative contract through which two parties exchange financial instruments, such as interest rates, commodities or foreign exchange.
Compound interest is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan.
Retained earnings are the cumulative net earnings or profit of a firm after accounting for dividends. Some people refer to them as the earnings surplus.
Liquidity is the degree to which an asset or security can be quickly bought or sold in the market without affecting the asset's price.
An income statement is one of the three major financial statements that reports a company's financial performance over a specific accounting period.
A security is a fungible, negotiable financial instrument that represents some type of financial value, usually in the form of a stock, bond, or option.
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