Examlex
Leased workers are precluded from being considered employees of the company for which they are doing work because they are on the payroll of an employment agency.
Yield To Maturity
The total return anticipated on a bond if it is held until its maturity date.
8 ½% Bond
A bond that pays an annual interest rate of 8.5% on its face value.
Current Yield
The annual income (interest or dividends) divided by the current price of the security, typically used for bonds.
Bond A
A generic term for any type of bond, often used in examples to explain bond investment concepts without referring to a specific issue.
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