Examlex
The 12 consecutive months (or 52 weeks) selected as an organization's accounting period is called the fiscal year.
Forward Rate
The predetermined interest rate for a loan or investment that will start in the future, often derived from current yield curves.
Zero-Coupon Bonds
These are bonds that do not pay periodic interest but are issued at a significant discount to their face value, with the full face value being repaid at maturity.
Coupon Rate
The annual interest rate paid by a bond issuer to its holders, expressed as a percentage of the bond's face value.
Par Values
The nominal or face value of a stock or bond as stated by the issuer, fundamental in understanding stock issuance and bond pricing.
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