Examlex
A medical term that means inflammation of bone and bone marrow is ________.
Duration
A measure of the sensitivity of a bond's price to changes in interest rates, essentially a weighted average of the time until cash flows are received.
Coupon Bond
A type of bond that pays the holder a fixed interest payment (coupon) at regular intervals until the maturity date, when the principal amount is repaid.
Maturity
The expiration date of a financial instrument, at which point the principal (and all remaining interest) is due to be paid.
Coupon Rate
The annual interest rate paid by bond issuers on the bond's face value.
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