Examlex
The oxidation of ammonia to nitrite is carried out by the ________bacteria. The product of this step is subsequently oxidized to nitrate by the _________ bacteria.
Coupon Rate
The percentage annually paid as interest on a bond, relative to its face value.
Market Interest Rate
The prevailing rate of interest determined by supply and demand in the money market.
Par
Typically refers to a face value of a bond or stock that is set at issuance, or the stated value of a currency.
Principal Amount
The original sum of money borrowed in a loan, or invested, on which interest is calculated.
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