Examlex
What is the process of removing errors and inconsistencies from data called?
Interest Rate
This is the charge, applied as a percentage of the principal sum, that a lender requires from a borrower for using its assets.
Coupon Rate
A bond's annual return rate, expressed as a portion of its nominal value.
Comparable Bonds
Bonds that are similar in terms of interest rate, maturity, and credit quality, used as a benchmark to evaluate the value of other bonds.
Market Interest Rate
The market interest rate is the rate of interest that is commonly charged or paid on loans and bonds in the current market.
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