Examlex
In an INDEX function, the argument ____ refers to the range containing the data you want to find.
Sinking Fund
A Sinking Fund is a fund established by an issuer of a bond to repay the principal amount of the bond at maturity, usually by setting aside funds over a period of time.
Protective Covenants
Clauses in a bond agreement that impose certain restrictions on the issuer to protect bondholders' interests, such as maintaining minimum financial ratios or limiting further debt issuance.
Indenture Agreement
A contract between a bond issuer and bondholders, specifying terms like interest rates, maturity date, and other conditions.
Term Structure
The relationship between interest rates or bond yields and different terms or maturities, often depicted in a curve.
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