PREMIUM BOND Definition

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PREMIUM BOND is a bond selling above its par value or its value at maturity.

Learn new Accounting Terms

QUASI-BUSINESS EXPENSES are those tax deductible expenses that could qualify as a personal or business expense dependent upon the situation, e.g. lavish automobiles, country club dues or dubious travel expenses.

YTD is Year To Date; meaning the period beginning of the calendar year, January 1st of the current year, or the fiscal year up until todays date.

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