Examlex
IBM developed the first database management system in 1965.
Traded
The action of buying or selling securities, such as stocks or bonds, in financial markets.
Par Value
The face value of a stock or bond, representing the amount the security was originally sold for.
Installment Notes
Financial instruments that require the issuer to make payments to the holder over a specified period, usually including both principal and interest.
Accrued Interest
The interest on a loan or bond that has accumulated since the principal investment, or last payment, and has yet to be paid.
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