Examlex
________ means that the same operation can apply to two or more classes in different ways.
Inflation Rate
The speed at which the overall price level of goods and services increases, leading to a reduction in buying power.
Annual Coupon Bonds
Bonds that pay interest to bondholders once a year until maturity, at which point the principal is repaid.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date, expressed as an annual rate.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used as an indicator of interest rate risk.
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