Examlex
An operating system is a computer program that coordinates all the activities of computer hardware.
Price Sensitive
Characteristic of information or news that could influence the price of securities if it were made public.
Zero-Coupon Bond
A type of bond that does not pay interest during its life but is sold at a discount from its face value and redeemed at par at maturity.
Immunization Strategies
Financial strategies used to shield a bond portfolio from the effects of interest rate fluctuations by balancing the duration of assets and liabilities.
Interest Rate Sensitivity
The degree to which the value of an investment, particularly fixed-income securities, changes in response to variations in interest rates.
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