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Annual Interest Rate
The percentage of interest you earn or pay on an investment or loan over a year, not accounting for compounding.
Interest Receivable
An accounting term for interest income that has been earned but not yet received in cash.
Common Stock
Common stock represents ownership shares in a corporation, giving shareholders voting rights and a residual claim on the corporate earnings in the form of dividends.
Par
The face value of a security or bond, which is the amount paid back to the investor when the security or bond matures.
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