FIXED CHARGE RATIO Definition

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FIXED CHARGE RATIO is calculated: total fixed costs/total expenses.

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SUBVENTION is the provision of assistance or financial support such as an endowment or a subsidy from a government or foundation.

CORPORATE BOND is evidence of debt owed by a corpora­tion, issued for the purpose of borrowing money, and promising to return the face value of borrowed money at maturity. Corporate bonds usually pay interest at regular intervals twice each year.

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