Examlex
The growth of the Internet and e-commerce enables companies to enter global markets without using the traditional distribution channels.
Yield To Maturity
A measurement of the annual return an investor can expect from a bond if held to its end date, factoring in its price, interest payments, and time to maturity.
Zero-Coupon Bond
A bond that does not pay periodic interest payments but is sold at a deep discount from its face value and pays its full face value at maturity.
Duration
A measure of the sensitivity of the price of a bond or other debt instrument to changes in interest rates, often used as an indication of interest rate risk.
Coupon Bond
A type of bond that pays the holder a fixed interest rate (the coupon) at regular intervals until the bond matures, when the principal amount is repaid.
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