GAIN ON RETIREMENT OF BONDS
\ɡˈe͡ɪn ˌɒn ɹɪtˈa͡ɪ͡əmənt ɒv bˈɒndz], \ɡˈeɪn ˌɒn ɹɪtˈaɪəmənt ɒv bˈɒndz], \ɡ_ˈeɪ_n ˌɒ_n ɹ_ɪ_t_ˈaɪə_m_ə_n_t ɒ_v b_ˈɒ_n_d_z]\
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Value increase posted on the balance sheet as a company moves to recapture expired bonds. Current value minus the price of the bond at the time of recall is the simple calculation for this gain. Current value is $1,000 $500 (price of bond) = $500 increase is an example.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.