Examlex
Qualified residence interest consists of both acquisition indebtedness and home equity interest.
Discount
A reduction applied to the nominal price of goods, services, or securities, often to incentivize purchase or investment.
Treasury Bond
A long-term, interest-bearing security issued by the U.S. government considered a safe investment with maturity periods typically over 20 years.
Coupon
The periodic interest payment made to bondholders during the life of a bond.
Yield To Maturity
The total return anticipated on a bond if the bond is held until it matures, accounting for its current market price, par value, coupon interest rate, and time to maturity.
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