Examlex
Explain the meaning of product knowledge.
Yield
The income return on an investment, such as the interest or dividends received, expressed as a percentage of the investment's cost.
Bond
A fixed-income instrument that represents a loan made by an investor to a borrower, typically corporate or governmental, which pays periodic interest and the return of the principal at maturity.
Treasury Bill
Short-term, highly liquid government debt obligation issued at a discount from the face value and returning the face amount at maturity.
Par Value
The nominal value of a security stated by the issuer.
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