Examlex
Explain the difference between full-service and limited-service merchant wholesalers. List the types of wholesalers that belong in each category.
Inflation
The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.
Par Value
The nominal or face value of a bond, share of stock, or other financial instrument, as stated by the issuer.
Yield to Maturity
The anticipated full income on a bond, provided it is held through to its expiration date.
Interest Rate Risk
The risk of losing money on investments because of changes in interest rates.
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