Examlex
A buffer is ________.
Open Market
A marketplace that is accessible to all buyers and sellers where prices are determined by supply and demand.
Stated Rate
The nominal interest rate specified in the contractual terms of a financial instrument such as a bond.
Market Rate
The prevailing interest rate available in the marketplace for securities, loans, and deposits.
A Discount
A reduction applied to the normal selling price of a product or service, typically used as a promotional strategy or to incentivize early payment.
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