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retirement of bonds

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

To repurchase bonds that the company had previously issued.

Dictionary

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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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