INTEREST INCOME - NON-OPERATING Definition

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INTEREST INCOME - NON-OPERATING is interest income generated from non-operating investment securities such as certificates of deposit or bonds for non-financial service companies.

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REDEEMABLE means cashable, i.e. able to be converted into ready money or its equivalent, e.g. redeemable stocks and bonds or a cashable check.

MARKUP is the amount added to the cost of goods in order to produce the desired profit.

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