AXIOM Definition

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AXIOM, generally, it is a saying that is widely accepted on its own merits; in logic, it is a proposition that is not susceptible of proof or disproof; its truth is assumed to be self-evident.

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SHARE PREMIUM is the difference between the higher price paid for a share of stock and the stocks par value when issued.

MORTGAGE BOND is a bond in which the issuer has granted the bondholders a lien against the pledged assets.

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