Examlex
A franchisor has a fiduciary duty towards the franchisee.
Market Yield
The annual income return as a percentage of the market price of an investment.
Zero-Coupon Bond
A type of bond that does not pay interest during its life but is sold at a deep discount, providing profit at maturity when it is redeemed for its face value.
Matures
The point at which a financial instrument, such as a bond or loan, reaches its due date and the principal is to be paid back.
Yield-To-Maturity
The total return anticipated on a bond if the bond is held until its maturity date, considering all interest payments and the principal repayment.
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