ADJUSTMENTS TO GROSS SALES Definition

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Adjustments will vary dependent upon how the company accounts for its revenue and exceptional transactions. Enter the amount for "Adjustments to Gross Sales", or its equivalent, as reported in the company's financial reporting document in 1,000's. Enter a zero for no adjustments.

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REFUNDING is redeeming a bond with proceeds received from issuing lower-cost debt obligations with ranking equal to or superior to the debt to be redeemed.

STRIPPED BOND is a bond that can be subdivided into a series of zero-coupon bonds.

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