Examlex
You are excavating a site in the Great Basin and you find a stratum that contains only Elko points. This indicates to you that the stratum dates to a particular period. The Elko point, in this example, can be referred to as a(n) :
Bond Premium
The amount by which the market price of a bond exceeds its face value, often because it offers an interest rate higher than the current market rates.
Callable Bond
A type of bond that gives the issuer the right to repay the bond before its maturity date at a predetermined call price.
Term Bond
A bond that reaches its maturity date at the same time, where the principal amount is due in a lump sum at the end.
Convertible Bond
A type of bond that can be converted into a predetermined amount of the issuer's equity at certain times during its life, usually at the discretion of the bondholder.
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