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Over-the-counter Market
A decentralized market without a central physical location, where market participants trade stocks, commodities, currencies, and other financial instruments directly between two parties without a broker's intermediation.
Auction Market
A public market where buyers and sellers participate in the bidding of prices for assets.
Term to Maturity
The remaining time until a debt security, such as a bond, reaches its repayment date at which point the principal is repaid to investors.
Coupon
In finance, a coupon refers to the interest payment received by a bondholder from the bond's issuer at specified intervals.
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