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Beccaria's Classical theory of crime is an important antecedent to modern deterrence theory.
Face Value
The nominal or original value stated on a financial instrument, such as a bond or stock certificate, not necessarily its current market value.
Coupon Rate
An annual percentage rate that reflects the interest paid on a bond relative to its face value.
Yield To Maturity
The total return anticipated on a bond if it is held until the date it matures, including interest payments and the gain or loss due to the difference between its purchase price and its face value.
Face Value
The nominal or dollar value of a security stated by the issuer, primarily relevant for bonds and the amount repaid at maturity.
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