Debt securities: Debt security is money borrowed at a specific rate of interest which must be repaid by maturity date. The amount to be repaid is predetermined.
Held to maturity securities: When securities purchased are held till maturity. The intention to hold them till maturity existed at the time of purchase itself.
Impairment: Impairment in accounting says that the permanent decrease in the value of a company’s assets.
Fair value: Fair value is a selling price which is agreed by the buyer and seller. It is also the estimate of the potential market price of good, service or asset.
Realized gains or losses: Realized gain is the difference between the original value and the sale proceeds value from completed transaction.
Realized loss is monetary loss occurred during the trade settlements from completed transaction.
To determine the reason for the impairment of debt security and accounting of the impairment of a held-to-maturity debt security.

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Chapter 17 Solutions
INTERMEDIATE ACCOUNTING(EBOOK-W/WILEY+)
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