Examlex
Pascal's Principle states that an increase of pressure on an enclosed fluid is transmitted _________ throughout the fluid.
Time To Maturity
The duration remaining until the final repayment date of a bond or other fixed-income security. It decreases as the bond approaches its maturity date.
Coupon Rate
Each year, the interest rate given on a bond calculated as a percentage of its nominal value.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, expressed in years.
Interest Rate Risk
The potential for investment losses due to fluctuations in interest rates, affecting the value of interest-bearing assets.
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