Examlex
Match each term with its definition.
-1/1,000,000 of a unit
Bond Premium
The amount by which the market price of a bond exceeds its face value, typically occurring when the bond's interest rate is higher than the current market rate.
Issued
Refers to securities or other financial instruments that have been officially distributed to investors or the public.
Contract Rate
The agreed-upon interest rate specified in a contract, particularly in loan agreements or bond indentures.
Bond Indenture
A legal contract specifying the terms and conditions between the bond issuer and the bondholders.
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