Examlex
The __________ consists of breaking down jobs based on identifiable criteria and the degree to which these criteria exist on the job.
Premium
An amount paid for an insurance policy, or the cost above the nominal or face value of a financial instrument.
Par Value
The nominal or face value of a bond, stock, or coupon as stated by the issuer, which is the value written on the face of the security.
Interest Rate Risk
The risk that an investment's value will change due to a change in the absolute level of interest rates.
Reinvestment Risk
The risk of having to reinvest income or principal at a lower interest rate in a fluctuating interest rate environment.
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