Examlex
Press ________ to move to the previous cell in a table.
Maturity
The date on which a financial instrument (e.g., bond, loan) reaches its final installment, and the principal is due to be paid to investors.
Expectations Theory
A theory related to interest rates stating that the long-term interest rates are geometric averages of present and future short-term interest rates, reflecting market assumptions about future rates.
Forward Rate
The agreed-upon interest rate for a financial transaction that will occur at a future date, often used in the context of foreign exchange or interest rates.
Zero-Coupon Bonds
Bonds that do not pay periodic interest, instead being sold at a discount and maturing at face value, offering a profit at redemption.
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