REPRODUCTION COST LESS DEPRECIATION Definition

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REPRODUCTION COST LESS DEPRECIATION (RCLD) is a technique for valuing electric distribution assets.

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ARREAGE is unpaid dividends on cumulative preferred stock.

CALL PREMIUM is a premium in price above the par value of a bond or share of preferred stock that must be paid to holders to redeem the bond or share of preferred stock before its scheduled maturity date.

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