REGISTERED BONDS Definition

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REGISTERED BONDS are bonds for which the names and addresses of the bondholders are kept on file by the issuing company.

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ECONOMIC LIFE is the time period over which an asset(s) may generate economic benefits.

ALLOCATION is the act of distributing by allotting or apportioning; distribution according to a plan, e.g., allocating costs is the assignment of costs to departments or products over various time periods, products, operations, or investments. See ALLOCATE.

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