Examlex
The present discounted value of a stream of future income increases as the interest rate decreases.
Redeemable Bonds
Bonds that can be returned to the issuing entity before maturity for a predetermined price.
Retirement
The act of withdrawing from one's position or occupation, or the period of life after ending one's career, often implying financial self-sufficiency.
Stated Dollar Amount
A specified amount of money expressed in dollars, often referring to the face value of financial instruments or the nominal amount in transactions.
Credit Ratings
Assessments of the creditworthiness of borrowers, ranging from governments to private enterprises, indicating their ability to repay borrowed money.
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